This is not good


Hello Inflation!

Buy staples and durable goods. Gold and silver are always good, but not too much because the price of both is at a historic high.

Don’t go crazy, but wages always lag the price index in inflationary times so buy now while things are relatively cheap to build up a cushion. Stock up on non-perishable food items.

If you think you’ll need a major item (washer, dryer, refrigerator, car) in the next two years think about getting it now because it WILL be more expensive later. (or make it last until wages catch up again.)

Any deposits in savings and other low interest bearing accounts are going to loose value.

If you own any government securities, you’re a sucker.

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