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Odds 'n Sods:
Another indicator of inflation ahead? SurvivalBlog reader Bill H.
notes: "A trend that I have not seen mentioned on your web site,
apart
from gold
and
silver
investment, is that [fine] "art" is going through the
roof. Most of us cannot afford to invest in art, myself included. However,
we
can still see the writing on the wall when the moderately wealthy are
flocking to acquire art at record prices. You don't have to buy thousands
of pounds of gold when you can pay $20 million for a painting that
will only appreciate. That's a fairly extreme example, but you get
the idea. Just today there was an
article on Yahoo about a London art auction bringing in record prices."
JWR Adds: This lends further credence to my investing
philosophy, which leans heavily toward tangibles. Of course,
I prefer more practical tangibles
like guns, ammo, productive farm land, and tools. You can't drop a deer
at 800 yards with a work of art by Paul
Cézanne, but you can with
a work of art by Paul
Dressel--although I'm sure that it would be more practical to spend
the same amount and get several pieces by Kelly
McMillan.
o o o
From the new Iraqi government: "Would
you mind sending all of that $4 Billion in cash?" Its
a good thing that al this money printing isn't inflationary.
o o o
Reader "RBS" mentioned a web site dedicated to ham radio
and RACES [Radio
Amateur Civil Emergency Service] news, and so forth: Emergency
Radio.
