Hey
One thing I have become aware of over the last few months is that the forward contract prices for almost every grain crop have been increasing very significantly regardless of supply and demand issues. It seems the big money is going into basic commodities and not just silver and gold. I have watched prices of the basics we buy at Walmart for response to these price increases but have noticed nothing, as yet. Walmart’s buying power and its long term contracts will insulate its prices for a time.
However, yesterday I bought feed for the chickens. The price had increased 22% since my previous purchase on October 21 which is in line with the price increases in the contracts. It could be that it is easier to pass it on to feedstock suppliers than it is to Walmart (given Walmart’s formidable reputation for keeping prices low) but the massive inflationary pressure is there and it is real. I won’t be surprised to see major price rises next year in basic items or businesses going broke if they are unable to pass the costs on.
The growing mess here and in the world – the focus is temporarily back on Europe – is heading toward the need for major trading, financial and currency reforms. I suspect this sort of thing will one day be part of the precursor for the 3rd seal of Revelation. It may not be that far away but then again, during my life I have seen things somehow stumble along far longer than I thought possible. Still, I cannot help but feel that these times are the best we will see and that they are already declining before our eyes. It is still a good time to do our work.
Damien
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I know how you feel, Damien, about events taking longer to develop than one would expect. I expected and predicted a terrorist attack such as took place on 9-11 twenty years before it took place (I actually expected something worse than that, which may still happen). We experience such foreknowledge of the future because children of God feel the presence of the spirit of a thing before the thing itself appears. From that perspective, it has been — and remains — a matter of wonder to me at how blind the leaders of this country are to the facts of life. There is no accounting for their blindness, other than (1) somebody is being paid off and (2) God is blinding their eyes to bring about an end to this wretched age.
Basic commodities will certainly become more precious than gold. The technological “wowee” era, of which this generation is so proud, cannot survive the devastations that lie ahead. Essential foods, clean water, and shelter — does this generation even comprehend that all of that can be lost in a matter of days?
jdc