Survival Joe | Food • Predictions

Inflation: The Story of a Texas Dairy Farm

According to a Texas dairy farm, the price of feed and hay has gone up dramatically in recent months. In some cases, the prices have doubled.

As a result of these price increases, they are now being forced to raise the price of the milk they sell to $6 a quart or $10 per half-gallon.

Here is the letter they sent to their customers:

Keep in mind, this is a smaller dairy farm that also provides goat milk, so their prices are higher than commercial dairy farms. But still — this is a clear sign that we may be on the verge of hyperinflation in the U.S.

Mike Dillard, the man who originally shared the letter above, makes the following prediction:

Well as you can see, the tides are starting to turn… It’s not the price increase of the milk I find concerning, it’s the doubling in price of their animal feed in less than a year. [...] I predict that the US will ultimately end up in a hyperinflationary depression within the next 12-24 months.

As extreme as this may sound, all evidence is pointing in that direction…

Prices are increasing at an alarming rate…

Gold and silver are hitting new record highs daily…

The US credit rating was officially downgraded for the first time in history…

The stock markets are on the cusp of falling off the cliff, and into new lows that will surpass the crash of 2008…

I basically agree with Mike. I think we’ll see the stock markets crash as we enter the fall season. I think we’ll see other credit rating agencies follow the S&P by downgrading the U.S. credit rating. I think we’ll see gold and silver continue to rise in price.

And while I sincerely hope it does not happen, it seems that hyperinflation in some form or other is unavoidable.

Of course, my belief is we’ll see inflation of food prices and commodities… but deflation of other items like houses and cars. So it will be a mixed economic period of both inflation and deflation at the same time.

Again, this is merely my personal belief, and I could be wrong. So take it for what it’s worth.

In the mean time, I’ll continue investing in precious metals like silver and gold… and… storing food in case of a collapse of the food system.

Don’t be scared. Be prepared.
-Survival Joe

P.S. If you haven’t yet gotten your copy of Food Crisis 2: How to Prepare for a Long-Term Food Shortage, it may be a good time to do so. As food prices climb, it will be important to have a stockpile of your own food and/or the ability to grow your own fruits and vegetables.

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This post was written by Survival Joe on Monday, August 22, 2011 and tagged as: Collapse, dairy farm, Depression, Food System, goat milk, Inflation, Silver And Gold, Texas