Inflation? Yes, Your Survival Guy Paid This For…

June 4, 2021 By E.J. Smith - Your Survival Guy

Torn bills revealing Inflation words. Idea for FED consider interest rate hike, world economics and inflation control, US dollar inflation

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Inflation? Yes. Your Survival Guy paid $19.50 per pound for fresh cod last week. I know you’re seeing inflation too because you’re telling me about it.

How about buying a boat? New ones are back-ordered for months because of a shortage of resin and off-the-charts demand for new boats. How about used boats? This is anecdotal evidence, but the for sale listings in the back pages of On the Water magazine are scarce. In the past, there would be several pages worth of listings. The most recent issue? Two pages. You can’t find a boat today. Not to mention a good fishing rod and reel to go with it.

You’re telling me help wanted signs are everywhere. Wages are way up. Why work when government benefits pay you not to? My number one investment today and this summer? Red wine. Stock up. And don’t forget toilet paper and .22 ammo (if you can find any).

Investment Concerns? Save Money. Get My Friday Email. It’s Free

Check out this chart on M2 and you can see how the government is paying for stimulus spending. How do you think this ends for the dollar? When was the last time the government created anything of value?

Action Line: Invest in assets you need to survive and thrive. If you need help, I’d love to talk with you.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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