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<p>[QUOTE="desertgem, post: 1035409, member: 15199"]Wait until you buy your Thanksgiving turkey, and see what the increase in the price of corn has done. No surplus turkeys this year according to the industry. Costco ordered theirs in Feb, but no one else did, and they can offer at the lowest profitable price. Some food chains will still offer below their buying price to get you to load up on other supplies at their price.</p><p><br /></p><p>The local gold/silver exchanges told me that on the peak days, people are in line to sell, but on low days like the last couple, the stores are empty. Coin stores probably get some buyers then though. But still no evidence for anything close to hyperinflation IMO, so panic buying has a way to come ( if it does). Remember, much is based on the perception of the average citizen, and here in this county with unemployment over 25%, the average citizen isn't buying anything except for survival, and they would gladly see the increase in debt ( and lowering of the dollar)for the US, if they could get a job somehow out of it. Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1035409, member: 15199"]Wait until you buy your Thanksgiving turkey, and see what the increase in the price of corn has done. No surplus turkeys this year according to the industry. Costco ordered theirs in Feb, but no one else did, and they can offer at the lowest profitable price. Some food chains will still offer below their buying price to get you to load up on other supplies at their price. The local gold/silver exchanges told me that on the peak days, people are in line to sell, but on low days like the last couple, the stores are empty. Coin stores probably get some buyers then though. But still no evidence for anything close to hyperinflation IMO, so panic buying has a way to come ( if it does). Remember, much is based on the perception of the average citizen, and here in this county with unemployment over 25%, the average citizen isn't buying anything except for survival, and they would gladly see the increase in debt ( and lowering of the dollar)for the US, if they could get a job somehow out of it. Just my opinion.[/QUOTE]
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