This post will detail the amazing appreciation we've seen in almost all, dollar-denominated foodstuffs. First, however, if you haven't had an opportunity to listen to the Wicked Witch's latest message, you can find it here: http://www.youtube.com/watch?v=Et02g9OQ-LM
Pay particular attention to her forecast of resistance levels in silver this week.
Next, take a look at these two charts which I lifted from ZH today. First, this chart details the stunning drop in the Dow Jones index when compared to the price of silver. Simply breathtaking:
OK, to the business at hand. The Turd has had a busy day. This morning, I decided to head out to the mall. First, I needed some gas because, once again, Mrs. Ferguson left my car almost on "E":
I'd had enough of this shopping nonsense. I'd set out for the mall to buy three shirts but I only got two. I wanted tacos and nachos but had to settle for just the tacos (probably just as well anyway). I was expecting my cookie ingredients to cost about $10, not the $20 I paid. This sucks and there's no end in sight. The Dark Lord Bernank and his willings accomplices on Capitol Hill and Wall Street have done this to us. It is only going to get worse.
What can you do? Frankly, not much but you can prepare. In its simplest form, preparation means buying more of what you need today, while prices are still relatively low (relative to next year at this time). When you buy items, buy two or three. Keep one in the pantry, store the other two in your basement or some other area. Consider buying an entire side of beef, not just piecemeal cow parts each week. Water, batteries, propane, bacon ...really almost anything you can think of will cost you a lot more in six to twelve months. Remember, the end of The Great Keynesian Experiment is upon us. The time to act is now.