from Silver Doctors:
Musical Chairs? No! US Dollar Hot Potato has begun, only, it’s more like a hand grenade than a potato, and by grenade, it’s more like a nuclear bomb…
(by Half Dollar) It looks like I’m going to be proven wrong about silver getting hammered into the teens one last time, but I’m not ready to rule that out just yet.
For we should not totally disregard the cover of a “crashing” stock “market” or “rising” interest rates to bring the hammer and thus the pain, nor should we underestimate the Cartel’s spite, but wow!
Who else is impressed by the super fast rising prices all around us?
TRUTH LIVES on at https://sgtreport.tv/
I mean, it’s going to be no time before the food riots begin!
And no, I’m not looking forward to them by any means, but they’re unavoidable, because it’s just the basic mathematical result of an unbacked, debt-based fiat currency system dependent on exponential, unsustainable growth, so we might as well understand what is and will be happing, and now, it seems like the food riots are coming to the real world very, very soon, as in imminently, if not sooner.
This is the World’s Reserve Currency, after all, and soon to be the Former World’s Reserve Currency, so this fire is going to engulf the entire globe, burning the poorest, the weakest, and the people least able to sustain themselves first, only to quickly affect everyone in one way or another, and quickly to affect every single thing.
Here’s the last time I tried to buy tortilla chips at the stable price of $0.92:
Walmart canceled that order on us, and I have my suspicions as to why, but notice that order was March 3, 2021, as in, barely two months ago.
I like those Walmart brand tortilla chips, not because they’re cheap in price, although since I am a cheapskate, I love that fact, but rather, the Walmart brand tortilla chips don’t come mostly all broken in the bag.
I hate broken chips.
But I digress.
With two growing teens in the house, as one can imagine, tortilla chips are a regular purchase, and I’ve noticed the price steadily going up over the last couple of months.
Last night, I noticed the price looked like it went up again, and this morning, Monday, May 10, 2021, I just went to look at the price again, and the sticker-shock is something to behold:
Last night, the price for the tortilla chips was $1.28, and this morning, the price is $1.32, and for those who like math, from the formerly stable price of $0.92 to today’s price of $1.32, that’s a price increase of almost 45% in barely 2 months!
Here’s the problem: If inflation has been understated for years, by way of official policy, or implied policy, or whatever, with the inflation we’ve already had in pretty much every single good that can be produced and in every single service that can be rendered, why would we not expect that after a couple of months of this, people will have to liquidate their paper assets just to survive in the real world of surging price inflation?
That is to say, if a person is heavy on paper or digital “wealth”, but light on food and other real wealth, such as gold & silver, wealth that not only keeps up with the hyperinflation but is also useful, won’t that person have to begin liquidating paper assets just to survive?
The inflation is going to feel to most people like taking a two-by-four to the back of the head.
Or can people simply brush off food prices rising 50% like it’s really no big deal?
What happens when food prices rise 100% more in a few months?
And then food prices rise another 100% from there?
And when some items become unaffordable?
And other items become unavailable?
With prices rising relentlessly?
And so on, and so forth?
No end in sight?
My, oh my!
Copper has surged to a new all-time record high:
If any of these infrastructure programs have anything to do with actual infrastructure, which is highly doubtful at this point, and if all of the money that will be used for infrastructure is not fraudulently wasted and abused, something that is highly probable and the most likely thing to happen at this point, then Uncle Sam is going to have to pay-up even more for raw materials.