I have been following the price of gold ever since Kevin woke me from a sound sleep one Wednesday afternoon and told me to sell my Blockbuster stock (even though it was at an all time low.) I see his point about the volatility in the video rental market and even that of the residential rental agreement market. I am no fool. I have seen the spike in gold prices between the beginning and end of the Glenn Beck hour but I have also seen the spike during one of Barry Obams healthcare speeches. These trends can be puzzling. I briefly considered signing up for a subscription to one of Kevin’s investment publications. However, at $1,000-$2,000 a year, it’s a bit pricey for this stay-at-home bartender.
So now you might ask “Well, Brian what investing tips do you have?” To which I would reply with one word “Tin!” As in canned goods. Anyone who is worried about economic collapses, interested in sound investments and delicious beets will clearly see what a good opportunity canned goods are. When you look at the trends of food costs over the past hundred years in the table below, the facts are irrefutable. Food prices are at an all time low. One could say according to the law of S&D that as world population explodes, the price of food is bound to skyrocket as well, especially if people start paying their doctors in chickens.
I got this chart out of Highlights
Now you might ask “Why put all your eggs in one basket Brian? Weren’t we told to diversify our assets?” Simply put, “This is diversity, my friend.” Consider the great variety of foods available in cans: corn, beans, carrots, soups, ham products, dairy products, and even Beer just to name a few. Unlike any other commodity, this treasure holds greater value in economic collapse as you can eat the contents. However the contents of the can are but one aspect of this investment. After consuming the contents, you still have a valuable resource: scrap metal, which has been traded in the open market for decades.
If you are finally ready to invest in real change, go to your local grocer and buy some canned foods. One scenario is that you can donate the cans to the needy through the annual Boy Scouts food drive and claim a charitable tax deduction. Start your own food bank now!
Grammer? As in Kelsey Grammer?
u shuld right artcool bout laren and brain bein engagge
Well, in your crazy world paper is money so paper might as well be food too
so I shouldn’t eat them?
That’s why I recommended agriculture ETFs, fertilizer stocks and farming equipment manufacturers for this trend. John Deere stock doesn’t have an expiration date.
some cans have best used by dates printed on them. Can I still eat the contents if it’s past the date?
I didn’t get this chart from Highlights! It is a real chart. You said you wouldn’t edit it except for grammer. Liar.
do you want a login to post yourself?