I have in front of me the rec's of the Real Wealth Report. It deals with the effect of expected inflation. It is a sobering and frightening reading. Why? Here are the Minimum, Probable and maximum prices:
Wheat: minimum $52/bushel making for a loaf of bread at $15;
Gasoline: minimum $7/gal, probable $9/gal, maximum $11/gal;
Silver: minimum $135/oz, probable $170/oz, maximum $245/oz;
Gold: minimum $2,400/oz, probable $7,700/oz, maximum $10,000/oz.
The scariest part is that some of these expectations are for 2016; which forecasts that O'Bungle is predicted to be re-elected.
Tuesday, May 24, 2011
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