http://newrhodesiadispatch.wordpress.com/2013/02/25/situatio...Last week my tax refund came in, so as I wrote about earlier, it was time to redeploy fiat currency proceeds from Regime defunding to better uses. Part of that was buying some junk silver. I went with a close friend and associate and fellow Rhodie Patriot to the coin dealer to stock up, mentioning on the way over: “If it’s as hard to get silver as it is to get ammo lately, that will be a sign that things are really on the verge.”...The issue at the store that presented squarely was inflation: I’m telling you, it’s happening now, in a big way. I buy the same array of staples for my food storage mostly from the same store, so I know what they tend to cost. Since Christmas time, soup prices are up 25 to 35%, pasta prices are up 7%, and coffee prices are up 12% to 14%. If you want a non-sexy investment recommendation for 2013, here it is: add to your food storage.I think the odds are really darn low that food is ever going to be cheaper than it is now, and every bit of food you have decreases Regime leverage over you and your Tribe, expanding your options post-Event, and allowing you to provide targeted help to people you care about.Even if money printing and socialism turn out for the first time not to end in sorrow, you’ll lock in a risk-free return of possibly as much as 8% to 10% to 12% a year (which seems to be the annualized rate of food price inflation I’m seeing, at a minimum). Right now there is no other investment opportunity I’m aware of that offers those advantages. Taking your storage out to 180 days of the nonperishable products your Tribe uses in the ordinary course of things (if it’s not there already) is probably the ultimate no-brainer.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Ana