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2 month T-Bills are still just paper. Not even currency. Just an IOU. How many of those has the US got outstanding now? When it comes time to collect, realize where your place in line will be. Good luck.
Just another path for the govt to kick the can down. Once they get to the edge of the cliff, are they gonna kick it one more time?
The market for Civil War items right now is in decline. Many of the hard core collectors came of age during the Civil War Centennial and are now aging and passing away. Their children have little interest in these items for the most part.
Rare items- provenanced materials, documents, weapons- have not been as affected but the market is still fairly stagnant.
There are also a lot of fakes out there. You are much better off either learning the market really well or buying from a reputable- not necessarily well known- dealer to ensure that you are buying the real deal. It’s not something to be entered lightly. Standard items- muskets, bayonets, swords- are sometimes faked, as are things like buckles or plates with bullet holes.
Caveat empor!
T- Bonds, two months, 2 weeks, 2days, buy in the morning; sell by noon. Sounds like the beginning of Zimbabwe to me. I also noticed that no single entity gobbled them all up. With the feds constantly raising interest rates older long bonds are selling for less, so I guess these are about the best you can get to avoid an interest squeeze. Since inflation is above the stated figures almost any Government bond has little actual yield, but this may be viable for some. Keep in mind that the faster you turn bonds the faster the commissions add up and could completely wipe out any annual gains. Take a good look before you leap, At best these would be for short term money storage and the risk factor is hardly worth the time and risk. If Jimmy Carter era inflation kicks in Money markets were paying 17% and were far more liquid. Me I am buying more long term food for a number of reasons and even with spoilage should still return a greater dividend. Food can always be liquidated by being eaten, thus eliminating the middle men.
“Me I am buying more long term food”
spot on. though, do you think there will be a deflation event?
“eliminating the middle men.”
heh – notice how it also bypasses the medium of exchange ….
I made a killing buying/selling WWII Finnish and Russian militaria and firearms 20 years ago. Got in when it was all cheap and got out when it was sky high. Now that stuff is hard to find and when you do it’s really expensive. Collected Civil War era carbines for a while, had to really know the business or you could get burned bad. I did ok. Now I just dabble in pre WWII Colt and Smith and Wesson wheel guns. Got in too late, but prices continue to rise so we’ll see where I end up…..
Actual deflation occurs when the Schumer hits the fan and the market actually dictates the price of goods and services not meddling Gov bureaucracies. Case in point ; have you actually seen any prices drop lately? Deflation appears to be a term used by politicians rather than actual reality and is at best linked to only a few goods or products. It appears to be a term designed to inspire confidence rather than deal with reality. If we had deflation, why does the government need to keep increasing taxes? Why would they not decrease or freeze wages for government employees? The canned dog food that I regularly buy went up 14% last month. The quantity of food per package has steadily declined while prices have not. Even Social Security payments are going up more than the last few years because of inflation. Deflation, fact or fiction?
“Actual deflation occurs when the Schumer hits the fan and the market actually dictates the price of goods and services not meddling Gov bureaucracies.”
uh, well, no, not quite. inflation == money supply increase, deflation == money supply decrease.
so, if I understand you correctly, you don’t see a possibility of a deflation event.