I don’t know, There is the transfer of trade component of Bitcoin type assets, , here is a gold person opinion, gold is not the only real asset, you need real assets that create jobs, profits, that is how you protect against and work with inflation, that’s a good thought, you work with inflation, own the bakery vs own the bread, and you should as long as you remain a profitable bakery Bible to buy more bread….. “You buy bitcoin because you think the price is going to go up. And who do you sell bitcoin to? Somebody who thinks the price is going to go up even more. But if people stop believing that the price is going to go up … who do you sell to?”
inflation (6)
https://advisor.visualcapitalist.com/inflation-over-last-100-years/
PEAK Disclosure- pull up a table
I picked up a few used books that caught my eye in September when I was returning home from picking up a load of patio stones at our friend Dave’s. I was winding my way through the roads in Brockville and came across this garage sale that had moved up to free status , near the end of the day. Got a lot of stuff , and this morning I pulled these books out to take to the office for review.
The first was The Devil’s Blade is Dull by Randy Tunney, from Athens, Ontario, Canada. A story of his life prior to being a prisoner in a Canadian penitentiary. The book was published in 2008. Looks interesting, his and his wife’s ministry at the time is Athens Gospel Mission. The website listed was www.free2live.org but that site does not represent this ministry now. Will have to do some research to see what’s happening now.
Now the mortgage part of this is the little book from the Real Estate Association, written in 1984 , 25 years ago.
The key take away here, it only went to 8% and the main tables topped out at 25% , that was the rates of the time.
PEAK Disclosure- the savoury sauce
Jim Rohn said ..... some day you will be able to affford a ten dollar hamburger
I still want ketchup !
well, I learned a new word today, seaganism , reading the vegetables report in my Ontario Farmer, Postmedia had a few projections, facts and figures on the business of eating
35% of Canadians spend about 35% if their food budget on eating out
12,157 a year spent on food for average Canadian family with a rise of 411 projected
Prime rib is down 13% from January
vegetables are up 4% this year and with food growing conditions from El Niño and rain deposits in the wrong area, expect food shortages in prime growing areas , so higher projected food costs for 2019
carnifors and seafood lovers rejoice, meat costs are going down, so good quality protein will cost less
So, maximize your nutritional and economic value, seek out good Canadian grown, locally produced, ethically raised produce. Plant a garden, learn about your food. Eat out less, purchase less convenience food , Be The Adventure
http://www.cbc.ca/amp/1.4958820
exciting announcement. The purchasing power evidence is in once again
One of our Christmas gifts this season
up from a dollar
Canada Post says the cost for an individual stamp on a letter sent within Canada will jump to $1.05, instead of a loonie, starting Jan. 14.
The money for the post office is now in delivery of packages. Email has reduced letter demands. Parcels are probably nit as profitable, but big demand on the post.
Locally lots of work for postal workers, 7 days a week last few months, only s couple days off during the rotating strikes.
Things are better than the media would like you to think, remember fear sells
As one of my investment guru’s puts it
Stop The Fear
#StopTheFear
and buy the way
Companies are currently on sale, approximately 20% in USA currently from their highs
https://www.cbc.ca/amp/1.4958332
