Inflation and the (Rising) Cost of Living - Prepare NOW

For years the US government has consistenly understated both the rate of inflation and the impact this form of hidden taxation takes on you and your fellow citizens. The BIG MAC TM Index shows the penalty inflation applies to all of us.



Coutesy of Seeking Alpha - The Big Mac And Your Financial Health

James Cornehlsen takes us furthur along this path applying the BIG MAC TM Index results to bonds, stocks and investments, with a very worrying conclusion.

As for myself, I am a believer in commodities over the next several years verses stocks or bonds. Why? Accelerating dollar inflation and the proven track record of gold and silver. 

Prediction: Year end 2013 brings gold at $1,950 per troy ounce and silver to $55.00. And the currently overvalued stock market sinks the Dow to $11,300.

 

GM CORN to be BANNED - in Poland

Courtesy of Yahoo Canada, Poland to ban GM Maize totally. When will the USA wise up to the GM corn issue, and at least give us the choice by labeling all GM foods produced and sold in the USA. Controversy over the safety and environmental impact, not to mention the possible long term effects on insect, animal and humans, should at least be studied by independent trials and tests. Until then, Organic is the only choice.