Ammo, Guns and Trucks

[Rastus]

Inflation for the last few months is at 10.8% but if you throw in fuel and food, which is not in the official number, it's closer to 13-14%.  Of course the fed is saying these increases are "transatory" which is not true unless you ponder deflation/stagflation which could be on the horizon. 

By the end of the year we will be in debt for $30 trillion.  It was mathematically impossible to grow out of the debt around $14 trillion.  Since $14 trillion it was going to take spending cuts, taxes or inflation.  Inflation is here to stay for a while...perhaps Jimmy Carter style inflation.  It makes no sense to hold cash that looses a dime on a dollar in purchasing power each year.  So...people recognizing that are going to be buying hard assets like land, homes, jewelry, gold, stocks all that kind of stuff which will drive those prices up.

Right now I'm pretty happy being invested in food, oil and utility stocks.  All have dividends and room to rumble....   

[Jim Kennedy-ar154me]

Right now I'm pretty happy being invested in food, oil and utility stocks.  All have dividends and room to rumble....

And ammo???

[TAB]

And ammo???

what is this ammo you speak of?

I am betting  before biden/Camel toe leave office it is at last 35%

[Jim Kennedy-ar154me]

I am betting  before biden/Camel toe leave office it is at last 35%

Or higher. They love their backdoor gun control. While I didn't use the Russian stuff, it was better to have it around vs. having nothing around!

[Rastus]

And ammo???

Oh yeah.

Gold, silver and lead....the three precious metals.

[Sponsor]

[tombogan03884]

Or higher. They love their backdoor gun control. While I didn't use the Russian stuff, it was better to have it around vs. having nothing around!

I would advise every one to get a flintlock.
You can make gun powder, and mine lead, but they get you on caps and primers.
Can't limit rock production though ,
I probably will not do it, but that is due to money and space issues, not the reasoning.
The same reasoning would apply to Bow as well.

[billt]

That's good thinking Tom.

[tombogan03884]

That's good thinking Tom.

But bad budgeting.   

[TAB]

Fuel delivery  got so expensive i bought a fuel truck... no seriously. I did the math, buying a truck saves me almost $1000 a month.  That is assuming I lose 20% of the purchase price at resale next year.

Its nuts right now.   Gas is up 75% from march.March.  diesel is about 65%

[tombogan03884]

Gas around $3.75 here