Stockpiling food. It's not just for religions, survivalists and cults. Not anymore. It's for investors.
Stockpiling food, it’s not just for religions, survivalists, and cults, not anymore. It’s for investors. Yup the cost of food is on the rise, about 4.5 percent per year and that’s probably higher than the rate you’re getting on your money market account.
Well it looked like a good investment until I realized I could buy beans.
So if you missed your opportunity to jump in and buy barrels of oil, now’s your chance to cash in on bushels of wheat. All the experts are saying that just like high prices at the pump, it’s not likely to go down. Who? What experts? General Mills and Kraft, you know the guys that take the wheat and make it into stuff and then sell it to you.
The price of food has been on the rise for some time now. The cost of wheat has almost tripled in the last three years. Ouch. Ouch. Ouch. According to an article in the Wall Street Journal it’s not the only thing going up. Flour and rice are up more than thirteen percent . Milk, cheese, and peanut butter more than ten percent ; ground beef and chicken about five percent and eggs thirty percent in one year. Gold, bonds, stocks tsk buy eggs .
Back in the Clinton days Janet Reno wanted to watchdog every organization that stockpiled food. Today that could be me, tomorrow that could be you. So what’s causing all this madness and who can we blame it on? Well there is farm subsidies and ethanol production and India and China and the fact that they want to eat. The unsimple truth is there are lots of reasons why food prices are going up all over the world and when it goes up there it goes up here as well.
And it’s all interconnected, here’s an example from our own economy. If we use corn to make lots of ethanol then there is less corn and if there is less corn then it starts costing more money and if farmers can make more money planting corn then they plant more corn and less wheat and then there’s less wheat and less corn and less to feed the animals and then there’s less animals and the prices for everything just go up.
There has never been a better time to go on a diet. We can’t say run to the grocery store without inciting panic so just stay….stay….stay. So buy some food in bulk and save it for a rainy day or wait till the price goes crazy and then auction it off to the highest bidder.
Me? I’m thinking about planting a garden. I need corn for ethanol so I can run my car. Tomatoes…wait I can’t run my car on tomatoes. Just more corn.
Transcribed by: Brad B.
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17 Comments
Child_of_86
My husband comes from millionaires. His grandfather and dad built most of the homes in our town. They ...Evilkritter
Oh! Almost forgot! Do you know what plants use to grow? Do you know that human waste disposal is a ...Evilkritter
The best investment would be to start growing food. You get in the industry, lower the prices so people can ...Meandering
I'm hungry!steph
ethanol is a scam. but im not sure how i should invest food. maybe i should vacuum seal a bunch ...Laura B
Remember the big Y2K? My brother still has stockpiled water in his attic! Soylent Green....gross movie! I-T-S..P-E-O-P-L-E!!!!Ingrid
Misty Dawn, just like those little iron stoves in the backyard of everyhome in China... that worked like charm. *just ...Misty Dawn
Victory Gardens helped us to win WWII, they can help us now...community and family gardens are a sensible investment of ...Jacob
Yummmm! It's soylent-a-licious!Ingrid
I love ethanol... a nice cold beer, or sweet glass of wine... jammie :DJohn
It amazes me just how much gasoline it takes to make a gallon of ethanol. You would have thought ...TeresaE
First we take our jobs for the majority of our middle and lower classes and move them to China. Then the ...John
Is that Ze Frank?QuadFather
I hate ethanol ...Jim
Talk about golden eggs LOLCharlton Heston
Soylent Green is people!SincerelyJackie
wow.. scary.. the world is seriously coming to an end... soon we will resort to eating our neighbors.. k. maybe not.