Lions. Expect "Price Shocks" With Food.

From Greg M

Lions.

This is something we have covered a long while back, but I would like to just cover it again here briefly.

With todays inflation/currency devaluation report, it was food inflation/the price of groceries, which was a standout.

In my opinion, “food inflation” is poised for a dramatic uptick moving forward. Expect PRICE SHOCKS.

With that, and I have been recommending this for a while, stock up on non-perishables.

Here are some examples:

Canned foods

Meats, poultry, tuna, soups, stews, chili, gravy, sauces, pasta, fruits, vegetables, and beans.

Dried goods

Soups, pancake mix, tea bags, powdered milk, grains, rice, packaged pasta, granola, cereal, oats, granola bars, and cereal bars.

Also, non-perishable fruits and vegetables

Prunes, raisins, applesauce, dried apricots, freeze dried fruit, dried cranberries, canned tomatoes, and dried mushrooms.