Holy cow! According to the latest inflation report http://www.bls.gov/news.release/cpi.nr0.htm , inflation is growing at 5.2% but what is truly scary is that these are government manipulated numbers that have “substitution”, “exclusions”, and other “anomolies.” As a general rule, always had 20% to government numbers so you really get inflation growing at least 6.25%!

What are some suggestions for fighting this…

  1. Go to your local Costco or Sams and load up on as many non-perishable goods as possible. i.e. it’ll all be cheaper today than in 3 months.
  2. Look for the highest yielding money market, CD, safe bonds out there. Stock market, in my opinion, will continue to drop.
  3. Lock in contracts at lower rates if possible (natural gas, fuel, energy, etc)
  4. Invest in tangible property that holds value agains inflation (gold, diamonds, silver, real estate rental property)
  5. Be cautious with your money!