PEPPERJAX
Let's Do A Ritual....
- Joined
- Jul 17, 2013
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Not a political commentary or panic post just a post on what I’m seeing from my POV in looking at the larger global picture. Opinions will vary.
Folks, stock up on non perishable things your family needs and uses while they’re available and relatively still low priced. Find the storage space, get creative. We may see shortages and we’ll certainly see price increases if that happens, and not just related to this virus. Seriously, is there such a thing as having to much toilet paper in the house?
Go ahead and look into getting your needed medications in a 90 day supply if you don’t already do this. Do you know who produces most meds or their component parts? Aren’t drug prices high enough right now? Where might they be in a few months? Daily vitamins and supplements should probably be included here as a buy now as well.
Vehicle need parts or maintenance? Might want to address that sooner than later if you look at the automotive sectors impacted.
The markets fell when the virus hit the news and to me it looks artificially propped right now to allow for the profit taking of the major holders. Bezos just liquidated a ton. One would think that folks would stay home and order more online to avoid contagion thus increasing his profits but global supply chains are already damaged, some in the short term and some longer. He knows folks can’t buy if it’s out of stock thus lowering earnings and stock prices. Why large sell for a paper loss if it’s only a small short term one that should be easily recouped.
Anyone notice a cruise line CEO sell a ton of stock recently? How hard is that sector getting hit and how much are they going to have to invest in visible decontamination of all their ships to restore public confidence?
Take a moment and think about other economic sectors that could take a hit even without a virus outbreak here in the US just simply due to the importation supply chain and associated transportation we rely on from around the globe. How would you and your families lives be impacted?
TLR- thoughts from the peanut gallery
Wheat, Rice, Sugar, Salt, Pinto Beans, rolled oats, Potato flakes, dehydrated fruits & carrots etc. all have very long shelf lives and can cover just about all of the essential daily nutrients needed. Purchase seeds that did not come from hybrids so they can be used from the fruits or veggies you harvested the next planting cycle. Keep at least 3-6 months of money in savings to sustain you & your family through any economic hardship if possible. Do your best to have 12 months of food storage on hand or work towards this. I planted over 20 fruit trees on my property 8 years ago & the yield from those trees are paying huge dividends.