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MEGA-TSUNAMI Food Price Inflation To Strike Globe, Commodities INFLATION FIRES JUST LIT!

21-12-2019 < SGT Report 19 1142 words
 

from Silver Doctors:



SD Friday Wrap: Winter is coming? Well now, winter will be the least of our worries because of what just happened, this very week…


Do you watch Silver Doctors Live (link to our YouTube playlist)?


We don’t have any scripts, and we certainly don’t use teleprompters.


Sure, we have a few different topics that we propose for discussion during the shows, but other than that, our show is unedited, raw, and often times our discussion takes an interesting turn by interacting with people in the live chat and when viewers call-in live to the show!



It’s like talk radio of the internet era!


Woot!


Now, if you don’t watch Silver Doctors Live, today’s show is a good one to start watching (today’s show from Friday, 12/20/2019):



Today’s show included discussion on:

  • Impeachment/market update

  • Food price inflation (25% global pig die-off)

  • US stockpiling rare earths

  • Yesterday’s Fed direct deposit “glitch”

  • $738B defense bill

  • Debt reset

  • Viewer call-ins/chat questions

  • And more!


Let’s extrapolate a few things about inflation in this week’s Friday Wrap because, well, I’ve got a really bad feeling about inflation right now.


You see, I think price inflation is about to become a huge problem for the entire globe.


Why?


In part because we see the rich bidding-up record prices for live crabs, vintage bottles of whisky, and bananas duct-taped to walls, and those are just some of the extreme examples I’ve recently highlighted in my “Hyperinflation Watch” series.


Now, however, we’re no longer talking about extreme examples, for two things that are very real are about to become very real problems.


The first thing is “food price inflation”.


In today’s live-stream, we discussed a report that says 25% pigs have died off, globally!


Let that sink in for a moment: People around the world have to compete for 25% less pork available for purchase.


This is one serious recipe for food price inflation!


Pun and no pun intended.


As for the former mixed with the latter, pork price inflation is not the only ingredient in this recipe.


Combine the pig die-off with this year’s spring & summer historic flooding in the mid-West.


Then throw-in large scale bee, bird, insect, fish and aquatic-marine life dying off, globally.


Add on top of that 1,000,000 calves lost just this year, in the state of Nebraska alone.


And finally, sprinkle in a couple of Autumn arctic blasts at harvest time.


Oh yeah, and feel free to mix-in other ingredients to taste!


Voila!


Inflation served!


OK, “Hey Half Dollar, you’re on one of your goofy works of semi-passable grade-school art today, so could you just get to your point already?”!


Right.


Sorry.


Here’s my point: Food price inflation, in my opinion, is about to become a very serious matter around the globe, and it might get so bad that if we’re talking about 25% of the world’s pigs dying-off or needing to be euthanized and disposed-of now, in 2019, we may be talking about a global famine next year, in 2020.


But wait.


There’s more!


That’s right, because the US military is beginning a strategic stockpile of rare earths, and today we discussed neodymium specifically, but my point is that this only adds to the inflationary fire.


Therefore, if the US military is buyin’ up all of the neodymium iron boron (NdFeB), which, by extension, means buyin’ up all of those super-strong neodymium magnets, then Economics 101 says that the same amount of people chasing a smaller amount of goods means prices will be going up.


In other words, all things considered, we’re about to have massive food price inflation specifically, and massive commodities inflation in general.


A lot of otherwise smart people still think we’re about to experience major deflation or dis-inflation, and they’re going to be blindsided by this inflation.


And what’s the problem with that?


The problem is that it simply means the crack-up boom is nearly upon us.


Remember: We had the long, 100-year hyperinflation (the debasement of the US dollar) between 1913, and, call it 2008, and we had the 10-year hyperinflation between, call it 2009 and 2019, so now all that’s left is the crack-up boom.


That is to say, the mad scramble to get rid of rapidly devaluing fiat currency in exchange for anything and everything real.


It’s coming.


Soon.


Very soon.


Meanwhile, however, the gold-to-silver ratio is still in the upper-80’s:



The last opportunities to exchange one ounce of gold for over 80 ounces of silver are upon us!


At today’s ratio, stackers and other smart people participating in the gold-to-silver ratio arbitrage can still score a free ounce of gold when the ratio hits 40, or, quite possibly, even more than one free ounce of gold depending on how low the ratio falls at the end of the cycle, but hey, like the Beastie Boys once rapped, “it’s like Lotto, you gotta be in-it to win-it”.


Um.


Uh, wait.


Actually, no.


It’s not like Lotto.


It’s not like Lotto at all, so let’s not get it twisted.


It’s more like a no-brainer, provided that one is willing and able.


For I think the ratio is going much, much lower than 40 at the end of this cycle.


In fact, I think the ratio is ultimately going to parity, and I would encourage readers to call-in to our live-stream next week to make a comment about this, or to ask a question.


There’s no question the cartel doesn’t want silver sitting above its 50-day moving average to open next week:



However, I’m expecting a price break-out next week, and I would be honored if I could make yet another shameless plug to say that we also discussed why silver is likely to break-out.


Gold sure has been pinned down, all week long:



It’s hard to see it on the chart, but at the time I took the screen-shot, gold was sitting above its 50-day moving average.


Bullish!


Palladium is finally taking that trip down to its 50-day moving average:



While a drop like that may seem scary, I’m expecting palladium to perform similarly to how it has performed over the last year.


That is to say, notice how quickly the technicals are moving from “extremely oversold” to a level that’s more supportive of palladium?


Yeah.


Kinda like that.


Read More @ SilverDoctors.com





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