Monday, March 23, 2009

Are You Ready for it?

Ready or not, here it comes. What, you ask? Hyper inflation, That's what. I'm talking about. $50 for a loaf of bread or $100 for a gallon of gasoline.

Within two years the Carter era inflation will seem like a mild upward drift in prices. This is because the Fed has absolutely FLOODED the system with cash, and this while production is down. That is two inflationary pressures acting in tandem to reinforce each other. So have some value stored up in non monetary non-dollar based investments such as precious metals, stocks in sound companies (not bonds), or precious gems, ANYTHING that is NOT tied to the dollar.

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