Grocery Prices Rise At Fastest Pace In 43 YEARS! Stock Market Set For Gains. HOARD SILVER! Mannarino
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Grocery Prices Rise At Fastest Pace In 43 YEARS! Stock Market Set For Gains. HOARD SILVER! Mannarino
Greg,
Good morning.
FYI
John Williams from
shadowatats.com
He keeps track of real numbers on government statistics.
from his home page of yesterday a brief analysis.
• SHADOWSTATS GENERAL ASSESSMENT: Economic, Inflation, Monetary and Political circumstances all continue to show intensifying systemic instabilities and sharp, meaningful near-term deterioration, with rapidly mounting risk of extremely negative, inflationary, economic and financial market turmoil.
• I N F L A T I O N - FLASH (August 10): July 2022 Annual CPI-U Inflation eased to a headline 8.5% from 9.1% in June, otherwise still at a 41-year high, while the July 2022 Annual ShadowStats Alternate “Corrected” CPI Inflation eased to 16.8% from 17.3% in June, otherwise still a 75-Year high, on top of year-to-year Gasoline inflation pulling back to 44.0% in July from 59.9% in June.
Everyone should visit his site<> but more data than the average person can consume.
IMO I find him truthful and outstanding.
Bottom line you have to educate yourself by doing your own research constantly.
Enjoy the day.
Thanks,
WOT
1979 The Volker-Carter Regime. Gas lines and 55 mph speed limit. It didn’t seem to matter what groceries cost back then. If you could get your car to the gas station and supermarket without running out of fuel you were doing ok. 18% interest rates around the corner and Israel had turned us against Iran. We haven’t leaned much! Thermostats @ 68 degrees in winter and OPEC cut us a break at $1.999/gal regular.