Thursday, December 16, 2010

Inflation is Already Rocketing--How to Protect Yourself

November's Producer Price Index (PPI) for finished goods surged 0.8%, almost double most economists' estimates. On an annualized basis, that's nearly 10% per year which is WAY too high---but this monster is just beginning to roar.


For the last two weeks in November--the most recent data we have---the price of corn is up more than 3% ... coffee is up more than 8% ... sugar is up 8.49% ... oats are up nearly 6% ... cotton prices are up more than 16%....the price of fruit is up an alarming 14%....and egg prices jumped an outrageous 23%---all in just two weeks!

And the majority of the 'funny money' the Fed has printed hasn't even made its way into the economy yet.

Can you imagine what will happen to the products you consume every day when it does?

Inflation isn't some far off threat that we can deal with when and if it arrives--it's here now.

Click here to find out why you need to act--and what you can do about it.

Keep up the good work,

Peter

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