Yeah - need to do more shopping
Tuna.
High mercury content.
Canned chicken from Sam’s Club jumped from $10 to $15 even before the last few months of Bidenflation. I hate to see what it is now.
“ Hoarding cans of tuna is a better strategy to ride out inflation than buying gold, silver, or bitcoin, Robert Kiyosaki declared in a bizarre tweet on Sunday night.”
—————
“Bizarre” only to those suffering from a severe case of normalcy bias.
I beg to differ, canned chicken is the plan here...
I have diversified my portfolio to also include SPAM and canned beef.
health and food
I prefer Brass, Copper, and Lead over gold, silver, and bitcoin.
“cans of tuna spoil eventually...”
Not for many, many years. Taste may go off a bit, but unless you got a broken seal or botulism, canned food stays edible for decades.
Agree, historically one has always been able to trade real gold for food. this may not be true for paper money once it devalues. You can always use brass to get food, so you may need to have it to keep your food/gold.
I had a long and busy morning yesterday running errands. At 1 pm, I stopped into a favorite neighborhood restaurant for lunch. I had a cup of homemade cream of tomato soup, a patty melt sandwich which came with a side of corn/pasta salad, and an IPA. The bill was $29. I left a $4 tip for a total of $33. Only a few years ago, that lunch was $10 to $12. I’m old enough to remember when you could buy a patty melt for $3, too.
We are so screwed. I started my career in the last bout of inflation and survived because I was getting good raises. I retired five years ago and am now the proverbial “fixed income retiree” scared to death of what’s happening.
Almost everything else lasts for decades.
Cooking oil, rice, beans, is a cheap way to have enough food for years.
Wrong. Campbell’s chunky soup.
Sorry, freeze dried packages of Chili Mac will be my investment. I’ll NEVER get tired of Chili Mac. ;-)
Right now even the ‘gold bugs’ are telling their followers...
BUY FOOD, STOCK UP A YEAR’S WORTH OF FOOD.
Have a way to filter water.
Even the Economic Ninja said if you cannot afford a Berkey, buy a Sawyer. Have something. Interesting as these guys are not really “preppers.”
Having an emergency supply of water and canned goods is always a good idea. I’ve read that cans without the pull-ring lids last longer. I don’t know how true that is, but any unbreached can could probably last a decade or more.
Having said that, Kiyosaki always impressed me as kind of a flim-flam man. Maybe he’s looking to buy gold or sell tuna.
If people followed his advice to the letter they would end up in prison.
But yes. Canned food is always a good investment.
I find seeds to be a good investment. Very few investments are capable of multiplying the way seeds do, and they can feed you.