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Reply #9: Time to stock up on food and blankets. [View All]

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superconnected Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 06:32 PM
Response to Original message
9. Time to stock up on food and blankets.
Edited on Fri Sep-28-07 07:05 PM by superconnected
See with the run on banks in Europe and the closing of the internet bank is a pretty good indication that will happen here.

People need to stock up on food. Just in case. Grain would be a great investment on wallstreet right now but then all commodities would. What if they suddenly rise in price due to becoming sparse.

If the bank issue hits us, I think people won't get their money out of banks and comodities will rise in price. And I think having top ramen in the cupboard would save poor/lower middle class people from starving to death. I was considering calling my mother today and telling her to get to the store and stock up on grains, when the internet bank issue came out this morning. I also think getting blankets to keep warm for the winter would be a very good idea. Just in case.

The commodities expected to go up(why they are being invested in, in large stock buys right now) sounds terrifying. The pros who buy the biggest stock purchases know what's coming. Often they drive it.
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