Quote:
Originally Posted by The2Dogs
Everywhere I go everything costs more and more.
I dont think thaty we have reached the end.
The idea that hyper inflation is something that hppens overnight is flawed.
Just check the price of a staple of life, the number one, a hamburger a small fry and a small drink. This crrent price is just a hair under three times what it was less than 5 or 6 years ago.
I like to use that as a reference because it encompasses just about all aspects of what drives prices.
Interesting that the IRS has delayed the start of officially receiving tax returns. The money they will have to pay out is just not there and con only be returned via the printing press and borrowing more; until the revenues come in.
Hope you have been buying gold, firearms and ammunition.
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You are correct. It does not happen overnight.
but...
https://mninews.marketnews.com/index...l-t-fiscal-fix
To bad the cpi index does not include food and energy.
But the ppi index does.
Silver has out preformed gold over the last decade.
Both gold and silver pretty much traded sideways in 2012.
Every working person can afford silver.
I prefer gold because its easier to store/transport plus its the main monetary metal. Also there is goldmoney and allocated bullion vaults for the majority of metal.
