Postcards: Why is EVERYTHING $500?

Why is everything $500 nowadays? Did we just skip past the part where things cost $50? Plus we talk about our recent recommendation in UUUU that is just getting started.

Market Update: It’s the “Third Friday” of May, and we’re heading into the final hour. Markets are very choppy, and we’re now setting our sights on Quad Witching in one month. Energy and materials are coming back off the mat, and next week is looking positive for a continuation of the run on gold, BTC, and other monetary inflation defenses. I must say… this feels

A LOT like 2007-08 when commodities rallied and helped sink us into recession. But don’t worry. The economy is “strong as hell…” or something.

Dear Fellow Expat:

Last week, we assessed the cost of boarding our dogs for four days while we travel to New York…

$500.

My wife took my daughter to Epcot Center… $500 the month prior.

Crack in the windshield? A little more than $500.

Dinner for four at a mildly upscale restaurant? $500.

Two new breakers installed in the garage? $515.

A new ice machine in the fridge… $380 for parts… but $125 for labor ($505)

Everywhere you look… it feels like we skipped past the part where things cost $200 to $…