Friday, October 17, 2008

Prices might be going down

Looks like Mish Shedlock took a hard look at this one. I would tend to agree. It looks as though the big problem for the next little bit will be deflation, not inflation. If you have extra coin in the next 6-12 months, and the prices do go down (Remember might is one of those really big words), you may well want to polish off and top off the pantry.

I can't imagine that the deflation is a permanent fixture though. I am guessing that the deflation will run its course and then inflation will get here. So maybe what we have been seing is the front part of the hurricane passing over. We may be entering the eye now. Just remember after the eye passes you are back into the storm.

Keep your wits about you.

PS...Dorcas' Daddy, your coin is in an envelope and addressed now, providing that I get it into the mail today, it'll be there in a couple of days. Unless I senior moment and leave it in the car (this has been known to happen).

1 comment:

Mayberry said...

I hope he's right! That'll give us all a prime opportunity to prep like hell.....