The Great Reset

Quote from Gina

I've had some gas stations do that. Limit of 50.00 That super pisses me off.

There's one right down the street that does that with my debit card. I sometimes go to that station simply because I'll be heading to work and the ARCO (cheaper and no limit) is too busy

I went to fill my bug out vehicle last week and some gas cans....the pump shut off at $100. I just reinserted the card and it started again.

But I think this may be different?

I don't know though.

Everything going on with prices and markets is one thing...or maybe it's two....the supply side of the issue is really going to become noticeable as the sanctions stretch out.

I still think there is way through all this that will shock most people via a tidal wave of justice....but I am preparing for the worst case scenario hitting the US economy.

Just read that the gas issue at the pumps is common in the spring and fall for a couple of weeks because they change the gasoline formula for summer or winter months ahead.

Quote from Gina

Remember the old days when you would pump first and then go inside and pay? I do.

Yeah...and you could scrounge enough change on the floor or in the ashtray for a couple of gallons.

Quote from Island Man

My father used to say - I remember the old days when you would pull up, they pumped the gas. You didn't even have to get out of the car because they would collect $ at the drivers window after they washed your windshield and checked your oil.

I remember this to at full service stations when I was a kind.

They added oil for free.

Gold On Its Way To $3,000 An Ounce

If the gold boat sails it is going to go a long way because the fundamentals are that inflation—now everyone has to admit it is here—is not going away for a long time. If the crisis in Ukraine does escalate, then gold will go vertical. That vertical will have many factors behind it, but the biggest will be the kick to the global economy which, while not down and out, is far from recovery. The dislocation from a major European crisis would create yet more supply side disruption to cause inflation with another dose of fiscal incontinence to drive a double dose of inflation on top of what is already baked in.



When you look back over the history of inflation in the last hundred years or two, the root cause is very often war. When countries break the bank in the cause of slaughter, the result is currency debasement. Even the once mighty British had to halve the silver content of the coins after the First World War and it is no surprise that the silver went missing altogether in 1947 when a bankrupt state had to get printing money to bootstrap itself out of post-war insolvency.

https://www.forbes.com/sites/i…an-ounce/?sh=3b26c03c483f

silver is up over 4% today

from miami: