Tensions rising in the Middle East, so is the price of GOLD

As the conflict between Israel and Iran
ramp up so does the price of GOLD !
my lLCS calls it the fear metal when
people are a bit uneasy about world events they buy GOLD and I am very
uneasy as everything is up ! Gas just
hit $4.50 a gallon at my local Costco
my son is paying $5.25 a gallon just
outrageous !

 

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So far so good here. It was $3.49 gal. this morning.

 

Just think if the war expands further !
gas prices will get really bad

 

and a GREAT time for the House to approve $95 billon in foreign aid for Ukraine, Israel and others! Hope you're hungry, your $30 Big Mac is comin' up!

 

IBTL

'Like' this post if you agree!

 

While I do have some gold as a hedge for inflation, my wife and
I keep a well stocked pantry. 4-6 months of non perishable food
items. And yes toilet paper as well.

 

I'm looking at stocking up on some inventory.
My better half likes bottled water, I can just as well drink from the faucet.
We have the staples, rice beans and such.
I'd like to find a place indoors for a freezer.
If I ever get a wild hair and enclose the carport into an unpermitted garage I could move the toolbox and gain some space for a freezer.

 

My wife is concerned about water as well. We live in a house that is
2000 sq.ft. I'm running out of room for water. I've got 30+ cases of
water. She wants more.

 

Gas almost always goes up at this time of year. Of course, conflict and uncertainty in oil-producing regions also has an effect.

 

Just load up the "bunker" with more supplies. Don't forget the snacks too.

 

Wish I lived in your parts, I paid $5.39 a gallon today here in Cali and I had to travel a few miles away from my home to get that deal!

 

£1.60 a litre here.
which is $7.32 a US Gallon for me, so you can quit whinging

 

Plenty of gas in Florida. People buying bigger boats and trucks to haul them.

 

It’s always a good idea to be prepared
it seems every time I turnaround there’s
a shortage of something I have to wait
until the end of the month to get my monjoro.

 

I have for at least a half century, including a water bed full of deep well water.

I recently decided I'd open a sealed pouch of smoked fish stored at least 30 years ago.

As a scientist, I'm very cautious, and check for any expansion of the pouch, and depress to determine for pliable texture.

Everything appeared/seemed copacetic, so I opened one side and microwaved for 5 minutes on defrost.

Amazingly the removed/tasted product was delicious, my German Shepherd loved some juices over his food, and days later, nothing appears wrong!

So, I believe you've made a wise decision!!

I have a hygienically-clean process household that eliminates the need for "toilet-paper"!
https://therestroomkit.com/travel-toilet-paper/

 

If your still alive tomorrow, I will believe you. 30 years u say!! THATS AWESOME!!

 

To the probable displeasure of many, I'm still here, trying to educate!

 

Gold's fundamentals -- which I have posted on othe threads -- remain intact. This emotional selling to no-war in the Middle East will fade and then gold will rise again.

Look at how gold rose with a rising 10-year T-Bond rate...then in the last few days we are told that rising interest rates are a headwind for gold !!!

 

Social unrest in the world makes people run to GOLD for a sense of security many producers have bars that you can split in to
smaller amounts so if you had to barter then you would have smaller amounts.