Back before the pandemic started, I stocked up all my food. Everything. I'd been wanting to have a small stockpile for a while and had been slowly working on it. You know, unemployment, hurricane, whatever. A fully stocked kitchen got me by a 3 month unemployment span about 7 years ago. When I saw what was happening in China in December:
- Immediately started buying double my normal groceries and increased shopping frequency.
- Waited until January and dumped ALL of my stocks and investments and avoided stock/market price drop. I beat the politician stock scandal by something like 2 weeks.
- Eliminated diet restrictions (normally vegetarian) because food is food.
- Continued normal grocery shopping throughout the pandemic.
- Vastly increased the use of my freeze dryer to preserve perishable food items to add to my stores.
Now I have maybe a year's worth of groceries set back. I promise that the gas shortage combined with inflation combined with people not going back to minimum wage jobs is going to just add to the skyrocketing grocery price problem.
I'd been thinking that maybe I need to dump my stocks again since the market was starting to look a little shaky to me. The gas shortage and inflation jump and now grocery prices taking off seems to me to make it a bit more stable. My oil stocks have shot up a bit. I'm also guessing that the top 5 or so cryptocurrencies will skyrocket soon.
Yeah I'm not really sure what to do with my stonks right now. Sometimes inflation causes them to go up, sometimes it causes them to go down. The whole "the entire supply chain is on fire" thing going on right now has me worried because so many commodities, foods and items are skyrocketing in price far above inflationary numbers and supplies are extremely limited. Back in January I was buying a lot of new stuff for my house and there was just so much you couldn't get. Most of the furniture I was interested in was on a 6-9 month backorder. Appliances were often down to floor model only. We've been at a point where many things are in high demand, but extremely short supply.
Israel is about to go to war so that they can become Hitler 2.0 by genociding Palestinians. Other countries will retaliate. Israel has nukes. I'd wait until just after the war goes full tilt and sell off and dump into crypto. That's what I plan to do.
Chicken has gone up 70-100% in most areas and most producers say they can't come close to meeting the demand.