Showing posts with label Cost of Living. Show all posts
Showing posts with label Cost of Living. Show all posts

Tuesday, August 14, 2012

Windsor Utilities and Cost of Living

Dear readers,

Just an update on the rising cost of living and home utilities.
In my case, here in Windsor from July to August.

  • Natural Gas Bill:  +6.3%   (9.74/CM to 10.07/CM)
  • Electricity Bill:     +17.3% (0.075/kWh to 0.088/kWh)
  • Water Bill:           +10.8%  (0.297/CM to 0.329.CM)
Add this to the rising cost of food, according to the FAO, up 6% since June, and you get a much higher inflation number than the official 2%?
Solution: BE FRUGAL, start a garden, conserve energy(I don't mean solar), stop investing in retirement accounts and buy gold and silver related assets. Then... wish for the best, because what's coming is not pretty.   BK

Tuesday, December 20, 2011

Money Supply Explosion Will Lead to Accelerating Inflation

Originally posted on GoldMoney

















In case you were wondering where inflation comes from and why things are getting more expensive? It's simple supply and demand folks. The more money and credit the Central Banks create the less "value" it has against consumer goods, and the result is...you guessed it, INFLATION! So who is to blame for inflation?
Your cost of living will never stop increasing as long as Central Banks are printing money. Now ask yourself if the return on your investment portfolio looks like this chart? If not, then you're losing money and the only way to protect your wealth is to become your own "Central Bank" and have GOLD/SILVER bullion in reserve, because Cantral Banks cannot just create gold by pushing buttons on a printing press or a computer!
People are being swindled and they don't even know it!   BK