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Statistics released by the Federal government claim that the current inflation rate is 4.3 percent. That is utter hogwash. Their statistics cunningly omit “volatile” food and energy prices. The statisticians admit that energy costs rose by more than 21% since last December. They also admit that Finished Goods rose 7.2%, and “Materials for Manufacturing” rose a whopping 42% , with a 8.7% jump in just the month of November. When commodities rise this quickly, it is apparent that something is seriously out of whack. Meanwhile, the buying power of the US Dollar is falling versus most other currencies. Not surprisingly, …
Mr. Rawles, I found an interesting and alarming article from CattleNetwork.com on grain supplies. Especially note these parts: “In fact, export sales of U.S. wheat are beginning to look like panic buying. Overseas buyers are purchasing ahead anticipating the U.S. will run out of wheat, which is exactly what may happen for hard red winter and white wheat. Wheat exports simply can not be sustained at current levels. Either price will have to increase more to ration the remaining supply or, as was rumored in grain markets this week, the U.S. government will step in to embargo further wheat exports.” …
SF in Hawaii suggested a deer hauler (such as item # QW-223606 sold by Cabela’s) as a cross-country bug-out option. It would certainly allow someone to carry three or four times as much weight as they could in a backpack. o o o Stephen in Iraq e-mailed us a link to a Bloomberg article: Wheat Price Surges Above $10 for First Time on Supply Concerns . Stephen’s comment “Notice this paragraph: ‘Higher food prices are forcing some Italians to eat at soup kitchens and threatening unrest in China, where a stampede at a supermarket sale of cooking oil killed …
“Oh, wad some power the giftie gie us To see oursel’s as others see us! It wad frae monie a blunder free us, And foolish notion.” – Robert Burns