Signs of the Economic Apocalypse

Maybe I am naively optimistic, but should we really be laughing at the doomsayers who have been stockpiling canned goods, storing bars of gold in their basement safes, and keeping loaded guns by their front door. I wanted to point out some signs that one can call the “Signs of the Economic Apocalypse”.
1.Nestle hopes to survive/increase sales by selling products like bouillon. You can make anything with bouillon. It can be filling and it is CHEAP.
2.Starbucks has launched an instant coffee product. What happened to snob appeal?
3.House prices in many areas have fallen not just 50% but in some areas of Florida,Phoenix and California 80%.
4.Gun sales have jumped nearly 30 percent in January compared to the same month last year. Stores in Florida are running out of bullets.
5 The Mormon church’s 109 storage warehouses around the country are buzzing with activity.
6 Food Banks are being visited by the middle class. There are child-care workers, nurse’s aides, real estate agents, and secretaries now needing assistance.
7. The Italian fashion industry is calling on to be bailed out.
8. Jobs are so tight that over 1,000 people camped out overnight in Miami to apply for 35 firefighter jobs.
9. Libraries are booming, usage of the free services of borrowing books and DVDs have risen by 23 percent in Washington-area libraries, according to the Washington Post. In order to save money families are using this service for the free rentals over Barnes & Noble and Netflix. One does not to mention that greater time on the library’s computers as well. When you don’t have it..you don’t have it.
10 So much for stealing copper wire from homes and construction sites now wooden telephone poles are being stolen along with Fire hydrants.
11. How about the icing on the cake, the Cash4Gold commercial with Ed McMahon during the Super Bowl.
Can we ignore these realities or signs of the times…or maybe they might be telling us something?
Andy Abraham
www.myinvestorsplace.com

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.

























































































