The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Monday, July 20, 2009
Ham Update
The references to "2 pound frozen ham sliced" are to the sizes of the packaging. The contract in question purchased 760,000 pounds of ham for $1.191 million, at a cost of approximately $1.50 per pound. Now, I don't know about you, but I can purchase that same size ham for approximately $.75 per pound. Check it out the next time you are at your local grocery store. Oh, this is the same government that is telling us that through government efficiencies of running our health care system, they will save billions of dollars. Does anyone out there really believe the government's rhetoric?
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