Ruh Roh! for March 11th, 2011

[Norman Bauer]

I see hard times a coming and I think those times could be only a few weeks to months at best at bay, before they are here. I don't think it that there is going to be a single event that you could readily point to and say "that was what started the panic" rather your normal, everyday, Jane is going to go to the grocery store and notice the shelves are not as full and the prices are double what they were last week. Thats when the panic will set in and all the world will know that the game is over.  Few are going to be prepared for what comes next. And so it is my mission to warn you good folks and to also provide you with knowledge to make good decisions to prepare yourself and your family.

The information contained in this news letter each week will bring you truth about when, where, and possibly the why(s), who(s), and what(s). It will also detail useful instructional information on what you could do to prepare.  

The Miss' found this great article that goes into detail about how to plan your meals when putting away food. I like the system. It's simple so whats not to like.  http://everythingunderthesunblog.blogspot.com/search?updated-max=2008-12-07T20:46:00-08:00&max-results=7

From the WTF are they smoking department - 

http://www.businessinsider.com/food-inflation-in-america-2011-3 Posted this chart with a quick little not that says "A quick reminder: Food inflation in America barely exists. Via PragCap, here's a century-long look at the food component of the CPI. See anything major? Neither do we" This is so disingenuouse on so many levels. Y

So Joe Weisenthal does not feel alone in this department, we have the weinies at the Baltimore Sun basically reposting the USDA press release on Food Inflation, with an interview of a couple of grocery stores and a butcher shop, yet they still somehow conclude that food will only increase by 2 - 3%  {EPIC FAIL!!!!} http://www.appeal-democrat.com/news/set-104607-baltimore-bills.html  

Doug Casey over at Casey Research posted a great article this week about expatriating - for those of you who may not be familiar with Doug, he is a former US Citizen who got sick of paying all his hard earned money to the "system" and so he left the country giving up his citizenship as well. Now he continues investing and evangelizing on how to get out of the States with your money. But I digress, this weeks article is the first in a two part series called "Making the chiken run" He paints a pretty good picture of what he thinks is coming down the pike in the next 24 months if not sooner. I tend to pay attention to what Doug says, since he is usually right when he makes a prediction. Not everyone is right all the time, lets hope that he botched this one.

Bill Gross - Pimco CEO sold off all his T-bills.http://www.cnbc.com/id/41990901 that's very significant since it pretty much only leaves the FED buying them now - not good. 

Take an eye on - to borrow a phrase from my daughter - Saudi today. If the protest turn out to be meaningful, look to see oil go intergalactic. Thursday oil was retreating into the $100 mark when this broke and we saw a $3 jump in a matter of minutes. Crude is in the $99 range this morning before the bell. 

Not to leave you on the downside I have this little number that should bring a smile to your face -  "You Picked a Fine Time to Lead Us, Barack" by Jonathan McWhite http://www.youtube.com/watch?v=_W57aBMYKvU

Have a great weekend everyone,

Norm