Wall Street Warns Americans To Begin Stockpiling Food

Originally posted by Maxmars
Does anyone know what the proper way to stockpile potable water is? I'm guessing that's the next 'fear of the month'.

Actually when I last check in the markets the major water provided in the US is doing quite well along with the energy providers.

Funny but our waterways are owned by Germans

So they are doing very well and their business is very profitable, so if we have a water shortage it will be another wave of speculators trying to boost prices for more profits.

Has noone been listening to me? For months very first of the month there are these scare tactics. Consumer spend, spend, spend! I think they have people that dredge up the worst case scenarios, put it on the net to get people to buy. It is part of the big bailout scheme.

Now, I do not entirely believe what I just said either. I do believe something is headed down the pike which will be as unpredictable as the wind. But hey, some of the people will be prepared. Walk slowly to the exit people, slowly. Follow your intuition and buy what is necessary like people of like minds, a good place to bug out, and then relax.

reply to post by antar


I agree with you, the hype will create shortages as people goes in a scare frenzy mode.

But the more we inundate retailers because of scares the worst the situation will become.

Remember somebody is betting on this food hype to profit from it.

All of you that voted for Bush.. prepare to reap what you sowed.

There will be food shortages if China decides to contaminate it. We are now dependent on China for food, as most everything is imported from there.

Rice shortage? More Chinese people are now probably able to afford it so are buying it more than ever, causing the shortage.

Technically you should have food already stockpiled in case something should happen to your income. It is for safety and precaution for your family knowing you have this. Do you actually need it though? It depends on your income. You don't have to buy it.

reply to post by AllSeeingI


usually Prison Planet articles are so full of crap I stopped reading them, since I typically don't agree with them anyways..

This one however (except maybe the very end) was VERY well written and .. that is truly scary..

We live in interesting times.. very interesting indeed..

I am amazed how little people understand Inflation! I new this was coming months ago when Monetary Inflation was all that was propping up the Banks who invested in the Real Estate Bubble. Monetary Inflation ALWAYS leads to Price Inflation. The excess 'liquidity' gravitates to anything of real VALUE ie, Oil, Food, etc.

All the houses of cards (OTC Derivatives) have notional values in the Hundreds of Trillions. They were built on Real Estate speculation. You know, Flip my House? As the Real Estate market continues to Deflate, Monetary Inflation will continue to be used. So, get ready for alot more of what you are seeing.

Sorry if that isn't clear. Just study the Weimar Experience and Yugoslavia of the early '90's to get a good picture of Inflation. Here's a Link.
www.sjsu.edu...

[edit on 24-4-2008 by HimWhoHathAnEar]

Could this actually lead us into a higher price range for the most typical of staples? 2 Months ago I paid 198 for some ground turkey meat, now it is 2.89... bread that was 59 is now 139+ I am on a close budget and when each item was inching up for the past 8 years, I could feel the difference. Now they are shameless, 1$ here 2$ there, when you are buying as much as I have to to operate, it really becomes astounding. I want to continue to use my products and eat what we like, but wow, it is getting to where my kids for the first time are noticing the difference. I will survive, but I wont like it.

Originally posted by kosmicjack
reply to post by dgtempe

 

You are right, nothing is being done because when people stand up against such things as speculating on commodities, they are shouted down has Marxists or Socialists.

However, when the Decider and Cheney drive an agenda driven war for oil so they can line their pockets, Congress and the American citizenry turn the other cheek.

You just said a mouth full right there. Its the same mentality as free market on profits and socialism on losses kinda like with all these banks..they love the profits and dont want to share them but when it comes to losses oh the taxpayers can come to their aid...good post.

reply to post by antar


I would say look for a 10% increase a month at the current rate..

As gas prices accelerate, it takes a while for it to directly effect food in the way that it does.. restraunts will see it cost more to ship food in, so they raise their price per plate, as truckers need to charge more to get supplies in..

Same thing for the grocery..

Then you have to compound the gas hikes -- rising cost to ship food -- to what himwhohathnoear was saying, monetary inflation and speculation ALSO causing a rise in staple foods like rice, wheat and so forth.. a few months ago beer companies announced a shortage of Hops as farmers stopped growing them to grow Corn for Ethanol .. added to rising cost to ship the beer, even luxuries like Beer are seeing and will continue to see price hikes..

However there is an easing process at work right now, how long it can hold depends on where your at.

Right now Big box stores are competing for customers, as higher fuel cost coupled with rising prices of farmed goods keep rising, their profits shrink, but they are watching each other like vultures.. Wal Mart, Costco, Kroger, Meijer and other big name stores are competing for the lowest prices in order to get the most sales, making pennies sometimes, but still more then other companies, thats all they care about.. they are trying to "outlive" one another..

Kroger for example is offering a $200 addition to a Gift Card if you use your entire Rebate check to buy a gift card -- $600 becomes $800 .. the idea is food prices are rising so fast your spending it on food anyways, might as well get more for your buck right?

Other stores are no doubt screaming at their marketing directors "WHY didnt YOU think of that!!"

Ma'n'Pa stores... will be hit the worst, they will go out of business by the dozens..

Discount stores (for the first time in my life....... I saw an Aldies commercial) are making bank off the rush for lower prices, as they can offer the cheapest goods.. lower quality, but hey..... what do you expect..

It wont last forever though, I don't think.. the market just needs to be allowed to play out naturally without Federal interference....

But beware Antar..

The Fed will cut the Federal Rate's again.. and the dollar will drop to a new record low..

Which will cause gas to rise, again, and food to rise, again....

Just keep shopping for deals.

reply to post by dgtempe



Hi DG. Always enjoy hearing from you.

On your question aboutwhy is this happening, take a look back over the last several years and you'll see the pattern. One sector of our economy after another is saying "it's our turn" to make some big money off the consumers. After energy has gutted us, instead of seeing some relief, now you see the food sector starting their money grab.

Monsanto the monster will be reaping the profits

populations will decline, a rising cost of living will ensue, and then sooner or later the siht will hit the fan.

see wall street is in bed with the gov't , the gov't is in bed with big Agriculture i.e monsanto

dollar devaluation spells global food inflation for the world.

investors are hedging against dollar devlauation and consumer price inflation by purchasing agricultural futures, which will keep rising.

how long this continues is anyone's guess, when other country's lose faith in the U.S system (as the U.S consumer no longer purchases their items) china and japan have little incentive to keep their currency depressed (and prices low) .

As long as the arabs keep purchasing treasury's we should have an orderly deterioration (w/ big oil profits all around) however with treasury bonds crapplng the bed slowly, the fed may pause or even raise rates, which may put an end to the food price upward pressure (unless the ECB raises rates as well).

[edit on 24-4-2008 by cpdaman]

Originally posted by Maxmars
Does anyone know what the proper way to stockpile potable water is? I'm guessing that's the next 'fear of the month'.

Move to a rural area by a brook or river and dig a well.

Water shortage? Not for me. I have two wells feeding my house (one higher up that can gravity feed), a brook on my property and a river at the end of my drive... All that and I get my fair share of rain here. I laugh at the water shortage nonsense

Honestly what a load of BS.

I can maybe see a food shortage, but then If I thought that had any substance I would plant some potatoes (they saved the world once) and hit my uncle up for a couple cows and a bull... I would hate to have to go haying again to feed them in winter bleh.

To all those who posted answers regarding stockpiling water, I apologize, that didn't come off quite as sarcastically as I had intended. I didn't intend for you all to waste keystrokes.

I suppose if there is a potable water problem that would be different (Who knows what 'extra goodies' are in the ground and atmospheric water these days?)

Maybe the government is paying these stockbrokers to "fear monger" the people into buying more American products to stimulate our decreasing economic status. If true, this is a very clever strategy. Either way, even if my theory isn't true, more people will now start buying more food products after reading the Wall Street article, which will someway stimulate the economy.