What Spot Price Would Cause You to Pull the Trigger and Cash Out?

And thats why I am filling up the rest of my garage freezer with as much as I can find in the next moth - along with some beef. Because by summer/fall expect them to be costing much more with the grain issues and war. Food is not going to get cheaper or easier to get later this year.

 

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Again, hope your power doesn't go out...

 

I'd put another backup generator on the list, just for that reason.

Been thinking about getting a chest freezer, but really don't have room inside the house to put one.
Outside would be tough when the heat is 120 in the shade.

 

In the 22 years I have lived in my home - never experienced a power outage longer than 30-60 mins. My garage freezer will keep things frozen for 48 hours. So feel reasonable safe - but at some point a generator is on my list.

P.S. My garage freezer is rated to 110F - where I live that temperature will never happen inside my garage (or even outside) thankfully. But I can enjoy below freezing weather outside 3 months a year.

 

Me too craze! Generac I think

 

In the 26 years we've been here, we had one multi-day power outage (a few months after we arrived, it was kind of a big deal).

On the other hand, in those same 26 years, we'd never experienced 7% inflation, either. If things get globally disrupted enough that food is hard to get, fuel for power stations may also become a problem.

 

I want to thank you for your $2/# chicken breast post.

Although I only eat white meat, I never considered your choice until seeing your believed logical post.

Yesterday I found a 3.73# package for $8.13.

The constant temperature slow cooked spiced/sliced breasts were a wonderful part of last evenings' meal.

Fantastic!

JMHO

 

Um...what?

 

Just "Thank You"!

 

I have experienced 7 % inflation AND seen 15% mortgage rates ...we were alight 1982 was a memorable year.

 

Actually, CADDYSHACK was from 1980....inflation was 12%, mortgage rates were on their way to 18% (21% at some places)....CD rates were conisistently 12% and the Treasury long bond was on its way to completing a 35-year bear market in price (highs in yields) that would crest the next year in September at 15.2%.

 

12% inflation ! 18% Mortgage rates - now I remember. Man we got it so good right now.

 

Also see: $4.50/gallon gasoline in 2022 versus the same price in 2008.

 

Not to mention unemployment rates from 1980-1982 vs 2022.

 

Remember those 1980's trying to raise a family back then.

 

Also: 2008 vs 2022.