“If you hosted a barbeque this past Labor Day weekend, you probably noticed that food prices are up. A hamburger costs 10.3% more than last year, and a hotdog 6.9% more.  But that’s nothing compared to the insane price inflation Casey Research Chief Economist Bud Conrad witnessed at the Pebble Beach Concours d’Elegance, a world-famous auto show and auction held in Monterey, California.  Below, Bud shares the details of his trip to Monterey, complete with photos and price tags of the most extravagant cars… including this 1963 Ferrari GTO that smashed the record for the most expensive car ever sold at auction. See if you can guess what it sold for before reading.”

http://www.caseyresearch.com/cdd/california-dreamin

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