from Silver Doctors:
If the markets are a proxy for Main Street, then it’s going to get messy…
(by Half Dollar) There’s some pretty crazy price action taking place in the markets right now.
I mean, whatever you’re into, it’s probably moving.
TRUTH LIVES on at https://sgtreport.tv/
Here are just a few of the things that I’m looking at, in no particular order.
Of course, the price of wheat has been near and dear to my heart since sounding the alarm bell on February 24, 2022:
I may not be the smartest grocery shopper out there, but I do know that the grocery stores have been trying to keep the prices for pasta down for as long as possible, so I’ve been stocking up while I can.
Said differently, and I’ll ask it as a question: How many boxes of pasta would a hungry family of 4, or 5, or 6, or counting the dog, or whatever, eat over the course of a year?
Follow up question: Is 25, 50, or 100 boxes of pasta really all that much, and if I can get that much pasta or more right now for a good price, wouldn’t it be the right thing to do to make sure my family has some food security?
The price of crude oil is something that I’m looking at too, especially since I really don’t like it when the price of gasoline and stuff goes up:
And I don’t know about you, but I remember that about a month ago, the price of gasoline was under $3 per gallon, yet just last Wednesday, I put regular gasoline in my truck at Costco for $3.49, and the very next day, Thursday, while picking up a delicious roasted chicken at the same place, as any proud card carrying member would do, I noticed that the price for regular gasoline had jumped to $3.79 per gallon!
Then I noticed on Sunday that a different gas station at the main intersection near Costco is out of mid-grade and premium grade gasoline.
Of course, I’m also checking out the craziness in palladium:
And yes, I have been amazed at the way they’ve ramped the precious metals, gold especially:
The managed retreat is really that easy, huh?
And they wouldn’t want gold & silver taking on the appearance of Bitcoin & “crypto” “currency” volatility, would they?
I’m also watching the US dollar in general and my own personally important currency pair in particular:
You should be keeping an eye on the currencies that are important to you too, including the US dollar!
More importantly than keeping an eye on the “markets”, however, is keeping an eye on the store shelves.
The latter can be quite telling…