It’s bad enough that at CostCo, cheapest gas in town, I was still forking out almost $4.70 per gallon (I’d happily put up with mean tweets for $2 gas), but then I decided to ease my agitated soul with some fast food. Nothing fancy, mind you…a double cheeseburger, fries, and a Coke. Nothing fancy. That’ll e $10.69 please. Are you kidding me? You could cover that meal combo with hookers and cocaine and it wouldn’t be worth ten bucks.
I feel sorry for the people on fixed incomes. It’s going to be some severe belt tightening and, for some, a major life change as mortgages that were previously affordable become less so as prices of everything else go up and start eating into the budget.
Fortunately, I’ve been somewhat ready for this for a while. I keep expenses low, multiple revenue streams, and no debt. Paying ten bucks for a cheeseburger still annoys me greatly, but at least I can still afford to do it. In fact, I still have enough margin that I can pick up some gold and silver, which I did this week. I told my metals guy that if he gets in any gold that he wants to sell at spot, let me know. Why would he do that? Sometimes stuff comes in that is unattractive to a potential buyer…a $5 gold coin that someone drilled a hole in, an oddball weight of gold, a bent-in-half 1/10th, whatever. He buys it below spot and I’ll pay him spot for it. Why not? A tenth ounce of gold is still a tenth ounce of gold even if it is bent, tarnished, or whatever…as long as it’s really gold and weighs what it’s supposed to, I don’t care.
And in other news, while manhandling a box of bullets that weighted 70 pounds, I managed to crack a rib. Ow. Actually heard it go when it happened. So…moving a little slow this week.
And finally, Dopey Joe is stirring up the winds of ban in regards to gun control, which has now rebranded itself as ‘gun safety’. I bought another case of Pmags two weeks ago an was on the fence about whether it was a good idea. Now I feel better about it. Maybe a ban is coming, maybe not. But even if not, I’m still going to be ahead in terms of inflation.
It’s getting to be an even weirder world out there, kids. Let’s be careful out there.