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Peter Schiff: Stock Up Now! Inflation Could Get Very Ugly
Zubu Brothers ^ | 10-18-2021 | Via SchiffGold.com,

Posted on 10/18/2021 12:02:19 PM PDT by blam

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To: Cold Heart

> They want inflation. <

Right, if for no other reason than the government would love to be able to pay back the national debt with inflated paper.


21 posted on 10/18/2021 12:23:30 PM PDT by Leaning Right (The steal is real.)
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To: SaveFerris

I just bought tires too :)


22 posted on 10/18/2021 12:23:59 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: CatOwner

Just as one example regarding one food item. A 24-oz. pack of bacon in my area ran around $5.98 six months or so ago. That same size pack (depending on the brand) now sells for anywhere from $9.98 to $11:98.

Glad now that I always tend to buy a little more than needed, whether it be of bacon, canned tuna, rice, etc. Doesn’t take long to build up into an adequate supply for hard times. There’s still time — although not much — to do that. Better early than late, but also “better late than never”.


23 posted on 10/18/2021 12:24:20 PM PDT by AFB-XYZ (Stand up, or bend over)
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To: monkeyshine

Just in Walmart, no carts to ship with which was fine bc they didn’t have half what I was looking for, rest of shelves were bare looking. Local grocery seems fine though


24 posted on 10/18/2021 12:29:32 PM PDT by pangaea6
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To: blam

It appears that we’re headed into a Perfect Storm.


25 posted on 10/18/2021 12:36:22 PM PDT by laplata
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To: blam


26 posted on 10/18/2021 12:36:48 PM PDT by Theoria
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To: JonPreston

Yeah I was like, seriously. 😞


27 posted on 10/18/2021 12:38:07 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: blam

Kartographer’s

“.. here is my Preparedness Manual I put together some time ago “

https://www.mediafire.com/file/nita0e562aytg1b/Preparedness_1j.pdf/file


28 posted on 10/18/2021 12:52:00 PM PDT by Kartographer
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To: RoosterRedux
He makes Glenn Beck look like the voice of reason.

If you don't mind me asking: how so?

29 posted on 10/18/2021 12:52:37 PM PDT by LibertyWoman (Guard with jealous attention the public Liberty. Patrick Henry)
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To: blam

Went to buy Diet Coke at Walmart. Still none in 6 pack bottles and still no Distilled water.

they did have a 12 diet coke pack in cans at $6. next time probably $7


30 posted on 10/18/2021 1:06:13 PM PDT by RummyChick
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To: monkeyshine

Well, it makes sense to stock up a bit yes. But hoarding is likely to be counterproductive. There are people out there who still have their lifetime supply of toilet paper from a year and a half ago. Lots of money tied up in nothing. Meanwhile, stores I go to have whole aisles for toilet tissue, paper towels, etc, stacked to the ceiling. Likewise with beef, chicken, whatever other “scarce” goods I should jam my freezer with.


31 posted on 10/18/2021 1:06:39 PM PDT by hinckley buzzard ( Resist the narrative.)
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To: RoosterRedux
people thinking inflation will get worse is a self-fulfilling prophecy

That is a tautological truth, indeed. But that sociological/socioeconomic bubble could be easily popped yet this administration is totally rudderless and inane. I just read that our maternity-leave transportation secretary claim it is a sign of a booming economy.

32 posted on 10/18/2021 1:08:00 PM PDT by monkeyshine (live and let live is dead)
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To: blam

Basically there are 2 things absolutely necessary to live, food and water. Yet even in these times people refuse to stock it to the rafters, if at all. And a lot of them have young children to care for. Bizarre.


33 posted on 10/18/2021 1:10:29 PM PDT by FLvoter
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To: blam; Tilted Irish Kilt; Pollard; Roman_War_Criminal; greeneyes

Ping


34 posted on 10/18/2021 1:13:16 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: Eddie01

Ha!!

And people think I am silly for stocking up on oatmeal, pancake mixes, flour, sugar, canned beans, tomatoes, soups, and the potatoes, too. Oh, lots of cans of pureed pumpkin, too.


35 posted on 10/18/2021 1:19:16 PM PDT by hsmomx3
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To: blam

Food riots soon?

A lot of stores have bare shelves now.


36 posted on 10/18/2021 1:21:38 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: hinckley buzzard

You’re right of course.
Overkill is always counterproductive.

Sometimes I wonder if the media does this to create crises.


37 posted on 10/18/2021 1:26:42 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: RoosterRedux
"Not saying that big inflation isn't coming...just that Schiff has a reputation for being overly dramatic. "

Yup.

He wants to sell you some gold.

I'm still waiting for the 2010 collapse he predicted.

38 posted on 10/18/2021 1:29:56 PM PDT by blam
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To: jimtorr

“I-5, railroad, ships, or all?”

It was going to be comprehensive is all I gathered. I was on my way out the door and my informant said “oh by the way...”


39 posted on 10/18/2021 1:32:53 PM PDT by Cold Heart
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To: JonPreston
"Along this “buy now” philosophy, I’m waiting for an estimate on a new gas furnace and air conditioner combo. My 20 year old set works fine, but if they go down, availability problems going forward will be a problem."

I just tried to buy 4 new 16" tires for my truck. The tire store didn't have any. He said he could order some for me but couldn't tell me when they would come in or how much they would cost until they arrived.

40 posted on 10/18/2021 1:33:19 PM PDT by blam
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