Houston Texas:
While we may have a short term "consumer buying confidence" period following Christmas, the economic fundamentals of the U.S. Economy are terrible and getting worse.
http://inflation.us/charts.html
"Hyperinflation" is not a myth. It is quite real and it is headed our way. Maybe in two years or less. Everything will cost substantially more in 2012-2015. In Germany before WW1 the price of everything went up so fast that people gave up valuable possessions just to eat bread.
In Argentina, the same thing happened in less than one month. The price of a meal doubled every hour.
Think it could not happen here? It already has. It has just taken so long for it to occur that you don't recognize the loss of your wealth.
Buy what you can now and store it if it will store for the time when the price of it will be so high you will do without. Things to consider purchasing:
- Gold
- Silver
- Food
- Coffee (Freeze dried)
- Fuel: K-1, K-2 (stabilized for long term storage)
- Spare Parts (things you need and things others will need that you can sell)
- Capital Items: Cars, Machinery and things you can make money with
- Raw stock: If you can make something to sell than buy as much of your raw stock now to make it.
- Things people will buy in major downturn. (the same critical items you likely need in a downturn)
- Books on survival and basic living. (What you can get is an education on how to survive. They will be better than gold to those who don't know.)
Happy hunting.
Jim
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