You don’t have to be survivalist or a doomsdayer to recognize the practicality in having some food stored away for a rainy day. In fact, it’s simply becoming common sense to have a certain amount of bulk food storage in your house.
But these days, with record droughts ravaging the bread basket of America coupled with runaway money printing by the Fed, food inflation is creating a dangerous scenario but also a fantastic investment opportunity for average folks.
During times of economic uncertainty it can be especially difficult to determine a safe place to protect your savings. Countless financial advisers offer advice on asset protection and other ways to keep your nest egg performing slightly above inflation. However, many of these strategies involve paper investments that come with risks.
People in the know suggest tangible assets like precious metals. But if you’re like the overwhelming majority of Americans living week-to-week, acquiring gold and silver can seem daunting. Although it’s definitely worth accumulating some precious metals when you have expendable income, food may prove to be a much better investment.
Food is far easier to find at good values than precious metals and is more practical to accumulate in bulk. What’s more, you don’t have to be a sophisticated commodities trader or even have a brokerage account to benefit from food investments. Anyone can buy extra food each time they go to the supermarket and create a plan to rotate it properly to the dinner table.