Poll request reminder
Sir Fully,
Just following up on my poll request:
https://goldtadise.com/?p=606133
I am using this as a gauge of how the Tenters anticipate the Fed’s moves and who gets the macro picture right. The stock market will see turbulence like never before this election year, that is my gut feeling.
The inflation picture has become so dire that my good friends in the Silicon Valley with household incomes in the
500-700k USD per annum range (!!!) are talking about the price of organic strawberries at Costco ($14.99 for two pounds). It is really starting to hurt.
Auto insurance premiums up by 25-30% across the board !!!
Home insurance premiums up by 60% + !!!
And in other news, another example of why it is becoming impossible for businesses to borrow and survive:
https://www.sfgate.com/bayarea/article/bay-area-paint-giant-kelly-moore-shuts-down-18607798.php
Gold Learner is now cutting down the family eating out to 4 times a month or less! My family considers it an accomplishment if we can eat at home an entire week.
God help us.
GL
Good for you GL. Eating out has absolutely zero economic value. Why eat a burger at a restaurant for $18-20, when I can make 6-7 half pound burgers for the same price!! When I retired in May, 2021 I started making meals at home for my wife and myself. I got a little creative but what I really got was value and the satisfaction of knowing what was in the food I was eating. Liberation.