*Investors Blog*
- Thread starter Warstud
- Start date
ahh. "alternative" stats.
Yes they are an alternative to what we receive these days. The government has changed the way inflation is measured over the last few decades.
ShadowStats uses the same formula that was used in 1980.
So if you agree with the current inflation rate of 8.xx% but wonder why everything is 20% higher, now you know.
Everything is not 20% higher.
Not everything but lots of things actually are 20% higher. I paid $10.00 for a watermelon the other day and a kid's meal at Culver's was almost $8.00. Cars and homes are more than 20% higher in many areas.
They call it "investor" blog or whatever, it ought to be called GAMBLER'S Blog!
These days it's very hard to know if one is investing or gambling
These days it's very hard to know if one is investing or gambling
https://nypost.com/2022/09/13/army-suggests-soldiers-fighting-inflation-go-on-food-stamps/
“The U.S. Army has released guidance for soldiers as they fight inflation, including a suggestion that they take advantage of the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps.
SNAP, a benefit for low-income Americans, is a program for which “service members and their families may be eligible,” the guidance said, pointing soldiers and their families to the SNAP website and phone number. SNAP is one of several options discussed as part of the Army’s Financial Readiness Program.”
The guy on TV eating steak and lobster while Army soldiers apply for SNAP to help feed their families.
.
“The U.S. Army has released guidance for soldiers as they fight inflation, including a suggestion that they take advantage of the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps.
SNAP, a benefit for low-income Americans, is a program for which “service members and their families may be eligible,” the guidance said, pointing soldiers and their families to the SNAP website and phone number. SNAP is one of several options discussed as part of the Army’s Financial Readiness Program.”
The guy on TV eating steak and lobster while Army soldiers apply for SNAP to help feed their families.
.
It begins. Amtrak starting to shut down.
https://www.usatoday.com/story/news...rain-freight-rail-strike-looming/10380518002/
https://www.usatoday.com/story/news...rain-freight-rail-strike-looming/10380518002/
Owen Lucas
$100 Site Donor 2023
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Right in time to influence the midterms and then after, the real pain will begin when politicos won't care about their appearance after the election. Gas prices will go through the roof again (SPR to be refilled right after mid-terms) with more rate hikes in Nov and then Dec. Put some fresh powder on the side to buy the dip.
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Yes, sold BOIL puts yesterday when it was flat, and it went up 15% today
and I'm still short financials and Tech by being long FAZ and TECS.
And I'm long O&G w/ERX
and waiting for the right time to sell puts on GUSH
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Can anyone tell me where all the inflated money is going? Are there any corps or businesses making a killin?
Did the American Oligarchs get behind on their 3 home or yacht payment during covid?
Please set me straight.....
Did the American Oligarchs get behind on their 3 home or yacht payment during covid?
Please set me straight.....
That's why inflation is so nasty. It's just that your dollar is worse less. Much less.
It's not that the difference is going somewhere.
Gold anticipated this....silver sorta didn't and for sure platinum didn't. Not saying they are inflation beaters. And precious metals are not an investment. I am saying if you buy these you have that value frozen so to speak.
Unpack that for a bit.
I never paid more than $1.70/gal for diesel in all of 2020. Can't find it for under $4.50/gal these days.
Price of diesel effects the $cost$ of everything.
Railroad strike may have been averted.
https://www.newsmax.com/newsfront/rail-strike-labor-agreement-joe-biden/2022/09/15/id/1087556/
https://www.newsmax.com/newsfront/rail-strike-labor-agreement-joe-biden/2022/09/15/id/1087556/
STOR is being bought out at $32+. Out of the blue. 5000 shares accumulated over the years under $20.
Pays to have some skin in the game. Was holding for dividends. But glad it's going down in my IRA. Puny dat.
Pays to have some skin in the game. Was holding for dividends. But glad it's going down in my IRA. Puny dat.
BOIL back down to where it was 2 days ago. Good day to sell puts
