Not much lately I wanted to write about except the price of groceries are going up like mad but not beer yet. Go figure.

I had a nice 3 week vacation for Christmas and New Years in Grand Cayman and went swimming as much a s possible and it is very refreshing but not cold.I never drove over 40 MPH and ate some  cheap fresh.Went Bonefishing having a damn nice time wading in the flats by myself until  I noticed those sumbitches spraying chemtrails over Grand Cayman ! How the Hell did they find me?Everywhere I go they spray the nice blue sky until it clouds up.Most people say it’s bad for us but I never get the flu so maybe it’s  a flu vaccine since we won’t go to the Pharmacy for free flu shots.Who knows , Big Brother taking care of me I guess.( I hope you notice I’m pissed about it).On the way back I rode next to a very nice young man about early thirties,and by the way I’ve never met a Caymanian who wasn’t just as nice and gracious as can be,who used to be in the banking biz down there.It ain’t the same as it was but you can still park some legal assets there and good luck to those trying to get it.Well he said some very interesting things to me and one was about the Federal Reserve and it’s Gold down deep in NYC. It’s there, LOTS of it ! He saw it ten years ago.I would bet it’s still there.Back then this young man was in the banking biz and it was REAL interesting a few years back.

Non Sequitar is a term I received on an English composition a long time ago so I guess I still have the same writing disease as back then so I’ll try to give you some tidbits of info as I can to make it worthwhile to read my post.

Something that has been coming to my thoughts on and off a while is this business about Veblen goods and Giffen goods.Well let me paint it up for you  a little better.

I noticed the ratio of Gold/Silver has decreased from the 80′s to the mid 60′s and now about 50 Silver oz.s to one oz of Gold.Since summer 2010 the 60′s to 50/1 is most obvious.So that gets me to Veblen Goods.Jason Hommel intimated this stuff to me since I just ride his coat tails for info sometimes because he reads way more than me.

Veblen goods are those which the upper crust can buy to distinguish themselves from the have nots.

And Giffen goods get more popular as the price goes up and that brings me right back to good ol’ Silver.

So when the price for beautiful Silver goes up it is quite possible that two things will happen.

1.Silver jewelery will become VERY difficult to purchase .

2.Silver things will in such great demand.

And all we need is a Black Swan event to make it happen overnight.

Where will you be when Silver skyrockets?

Crying about your 401K or IRA?

Just think what will happen when the dollar tanks,your savings will evaporate in a snap of the fingers.

At the grocery store I met  a cashier from Peru and showed her a Silver Eagle I walk around with in my pocket.

3 times to me she said what happened in her country was terrible and to KEEP my Silver.

Peru mines LOTS of Silver in case you were not aware .

For Every Two new members you introcduce to Silversnowball you get 1 ounce of 999 Silver free

www.Silversnowball.com/2500/