The days go on.
We’ve got four people in my 2-bedroom apartment, and we’ve fallen into an uneasy routine.
The baby usually gets up around 8 or 9, which forces everyone else to get up.
My son’s been listening to the same library audio CDs for over a month now, which he typically does in the morning.
My wife heads to her now-shuttered business around 11 or 12. There’s nothing to do there - she laid off the last of the employees this week. I think she goes mainly to get some free time each day.
Thank God babies take naps. I usually take one around the same time.
In late-afternoons or early-evenings, my son and I will go out and play some tennis. I suspect the tennis and basketball courts will be shutdown soon, like Missoula’s playgrounds were earlier this week. Then even that slight reprieve from the madness will be taken from us.
Sometimes we ride our bikes around. The weather hasn’t been cooperating the past few days, however.
I listen to the radio nearly constantly, mainly to get as many perspectives on this as I can.
You’re not going to get the whole story on the 20-minute corporate evening news.
For instance...the stress.
No, I’m not just talking about all of us cooped-up in our homes with the same people all day...though that’s a story in itself.
What I’m talking about is the heart attack that JPMorgan CEO Jamie Dimon had at the beginning of the month.
Germany’s state finance minister killed himself a couple days ago. That country just passed a $814 billion bailout package.
There’ll be lots of bailouts, and lots of global inflation as a result. Italy needs a bailout package of anywhere from $600 to $800 billion, much of which will come from the IMF.
I think there’s a lot going on behind the scenes that we’re not being told.
For one thing, I’m quite suspicious of this $2.3 trillion bailout package that Congress just passed.
It seems to me that much of this bill had been prepared in advance. Many different groups got money, even though they’re not really impacted.
The American workers are getting screwed. We’re pretty much having each individual give $60,000 of taxpayer money to the banks and they’ll get $1,200 in return.
But remember, it’s important to reward the banks for their bad behavior; for ruining the economy...again.
Here in America, the stimulus checks that will come out in a couple weeks will do more harm than good.
People will suddenly have lots of money to buy goods that are in scarce supply. Prices will rise.
We already have massive product shortages. Just look at the store shelves.
The last time I bought silver was on January 22. It cost me $22.40 for a one-ounce silver dollar, even though the price of silver is around $14.
I looked today and it’ll now cost me over $31 to get those same silver coins. There was also the added stipulation that I had to buy $299 worth, if I wanted to do the order online.
I bought quite a few of those coins today. I know we have massive inflation coming, and I think we’re also in the beginnings of an economic reset.
Our whole economy is based on consumerism and debt. It’s not sustainable, and it should have ended in 2008, but we kept the house of cards afloat.
Now I think it is crashing down for good, and we’ll probably get back to an economy that’s based on real things and real goods and real money.
Many others are flocking to silver. Last month the US Mint sold 650,000 silver coins, but chances are good they’ll sell around 4 million this month. In fact, the Mint temporarily sold out of American Silver Eagles on March 12.
If you go to APMEX and look at their silver offerings, you can see that half the stock is already sold out. I’m not sure it’ll be replenished.
Both Canada and Australia have run out of silver coins, and they’ve cut off production for the time being.