Store shelves are already half empty, and America is about to go on another massive shopping spree…
Over the weekend, I went to a few local stores to see how well stocked they are, but I really should say how little stocked they are, still.
To this day.
And I really don’t understand why people hate it when I say the store shelves are alarmingly sparse?
I mean, sure, this is relative to where each and every person lives, but relatively speaking, I live in a place where the stores ought to be darn well stocked, and they’re not well stocked at all.
In fact, the selection of stuff to buy is pretty dismal.
Here are some items that I noticed were in short supply across various stores:
- Adult bicycles
- Printer ink
- Ziplock bags, plastic storage products and paper products.
- Automotive fluids
Notice the theme here: These are not products that a person would consider “nice to haves”, because to some people, these products are “must haves”.
Here’s a picture I took of the ammunition section of a local Walmart:
Remember, it’s what you do before the hyperinflation that matters the most, and, if purchasing some ammunition is on your list of things to do, um, yeah.
Good luck with that.
If you look at the “nice to have” items, many of those items are in short supply as well:
- DVD movies
- Video game systems (Xbox & Playstation)
- Electronics in general
- Kitchen appliances
Don’t even get me started on other absolute essentials such as Gold, Silver and food.
Here’s why this all matters: Reports are coming out of the mainstream media that Crazy Nancy Pelosi has set a deadline of Taco Tuesday (tomorrow) for reaching an agreement on the next round of fiscal stimulus, that is, if such stimulus is to begin before the election.
Indeed, we are now less than three weeks from the election, so if the next round of fiscal stimulus is set to begin before it, then the free money bonanza could be imminent, which would most likely mean next week, but even if it’s not imminent, the “holiday shopping season”, for whatever that means, is right around the corner, so there’s going to be increasing retail sales either way.
Here’s the overall point: Assuming Joe Deplorable gets another free government check, Main Street is about to go on a another major shopping spree.
Think about the incoming money, and then think about these dynamics:
- School meals (breakfast and lunch) are free for all students across the United States through the end of the year.
- There is the eviction/forclosure moratorium.
- If people lost their jobs and income, they may now be on Medicaid (free health insurance) and EBT (food stamps).
- Many debtors have stopped paying their student loans.
- Food banks have streamlined distribution in that all that’s required to get private charity is time, and if one is out of a job and enjoying all of those benefits just mentioned, who doesn’t have more time for more free stuff?
In other words, why would Americans not go on another major shopping spree with that money to buy something they want, to buy something they need, or to simply stock up on stuff?
It looks like the time to stock up on silver for under twenty five bucks is soon to be a distant memory:
Hopefully Silver Bugs, stackers and other smart investors are still able to get real, physical silver in-hand for under $30.
The gold-to-silver ratio begins the week in the upper 70s:
I think we could be in the 60s by the end of the week if silver gets to moving.
Because the cartel is going to hate gold breaking through $2000, and I think they’d rather defend $2000 gold and let silver run:
Read Friday’s article to understand why the cartel hates gold breaking through $2000.
People laugh at “$3,000 gold” forecasts, but when looking at something like palladium, it’s not really that wild of a forecast:
Palladium continues on its textbook bullish series of higher-lows and higher-highs.
I continue to be amazed by platinum’s deep discount, year-to-date:
If I was a deeper-pocketed investor and not a Silver Bug, I’d totally be all over some platinum as the ultimate value investment, second only to silver.
Copper begins the week above three bucks:
It sure seems like three bucks is becoming a price floor, doesn’t it?
Of course, I’m not certain we’ve seen the bottom in crude oil:
I say that, in part, because every day we get bombarded with news that This Country has gone on lockdown again or That Country has gone on lockdown again, which is another way of saying crude oil consumption is still way down.
It looks like there are some winnings in the stock market to be had or to be lost:
If I were a gambling man, which I’m not, much less in a rigged casino, I’d take all of my winnings and walk away to convert those winnings into real things before the mad shopping spree in America begins.
Here’s the thing about hyperinflation and the stock market, and I’ll ask it as a question: Who cares if the US stock market hyperinflates itself away to some crazy, sky high number if, at the time of cashing out those winnings, there is nothing left in the stores to buy?
Now would be a good time to cash in on those winnings too:
That is to say, the best time to cash in on those winnings is before
the sheeple “market participants” get spooked and start selling.
I don’t think it’s possible for rates to rise gracefully:
The pressure will be to the downside until our money simply becomes totally worthless.
Our money, all fiat currency, that is, will indeed become worthless:
That’s the thing about unbacked, debt-based fiat currency dependent on exponential, unsustainable growth!
Bottom line as we find ourselves here this beautiful Monday in mid-October?
It is clear the supply chain disruptions are ongoing in late 2020.
And another shopping spree is imminent, or so it seems.
This time around, however, the shelves are bare.
It is an infusion of cash chasing less stuff!
I for one am not against the handouts.
I’d rather see a US shopping spree.
Than letting the Chinese do it.
Shipping it back to China.
It is the hyperinflation.
The crack-up boom.
It is not coming.
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, a former amateur trader, and a Silver Bug at heart.