Archive for: January, 2011

End of cheap food era as grain prices stay high – Yahoo! Finance

End of cheap food era as grain prices stay high – Yahoo! Finance

“Even if we have a good year, we are not going to have the inventories we’ve seen before. I really do think the time of cheap food prices is over, and that’s just it,” said analyst Chris Mann of Traders Group Inc in Chicago.

“Everything is set to the point where supply equals demand right now. But if you pull one thing out of it, or if you disrupt the equation in some little way or tweak it, I think, with inventories as tight as they are, it will really have an impact on prices. A drought, a flood, anything,” said Mann.

 

The Preparedness Podcast – Episode 94 – Strategic Preparedness Plan

In this episode, I discuss the Strategic preparedness plan that I’m using to get ready for the dollar collapse and the coming depression.

(Listen to The Preparedness Podcast on any of your favorite audio players.  Find us in iTunes here: Preparedness Podcast iTunes Link or go to PrepCast.info for direct links to the audio files.)

  • Be true to yourself. 
    • Know why you’re prepping and what you’re prepping for.  Don’t let anyone distract you from getting ready.
  • Stock up on everything; especially food and sundries. 
    • The coming depression is going to be a long term event; there’s little chance that you’ll be able to stock up and store everything you will need for the duration.  Instead, stocking up now will allow you to buy things while they are still cheap, which should (hopefully) allow you to take advantage of periods when prices are lower (like sales, etc.) and avoid having to buy when prices are high.
  • Get out of debt. 
    • Your income will not go up at the same rate as inflation.
  • Buy silver and gold. 
    • As the dollar collapses, precious metals will increase in value.  Don’t sit on too much cash.
  • Acquire farmland and/or plant edible plants around your home.
    • In all depression and hyperinflation events, food is the biggest concern.  Having the ability to grow your own food is a big thing.
  • Educate yourself. 
    • How to grow food; cook food from scratch; make and mend clothes, repair things, etc.  Learn how to do things the way our grandparents used to do things.
  • Form a prep community. 
    • Family or good friends, develop a group of people you can rely on to get together and help each other out.
  • Think outside the box
    • Solutions are often found when you’re not thinking like everyone else.

Welcome to 2011

(Listen to The Preparedness Podcast on any of your favorite audio players.  Find us in iTunes here: Preparedness Podcast iTunes Link or go to PrepCast.info for direct links to the audio files.)

 

Welcome to 2011!  Hopefully, you had a great holiday season and a happy, yet safe, New Year’s.  Are you ready or 2011?  It’s time to buckle down and re-double your prep efforts.  By many accounts, this is the year where things start to really go downhill.  But wait, it gets better!  From the way it looks, no matter how bad it gets this year, it will looks like it’ll get even worse sometime in 2012.

Gee, doesn’t that sound like fun?  No?  Join me on the latest episode to hear why I think we’re between a rock and a hard place.

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