When Did Eggs Become Classy?
Mar 29th, 2008 | By Charles Delvalle | Category: Politics & EconomicsA dozen eggs cost $2 or more in most U.S. cities, up about 45% in just eight months.
I just ran across ‘breaking news’ on Market Watch.
According to them, a dozen eggs cost $2 or more in most U.S. cities, up about 45% in just eight months.
Wow, a 45% increase in just eight months. This makes scrambled eggs classier than they’ve ever been before.
I never thought I’d feel ‘refined’ and ‘distinguished’ by buying the jumbo sized eggs at Publix. I thought that was a feeling I’d only feel at Whole Foods.
But hey, my shopping trips are getting ‘classier’ by the month.
With milk at nearly $5 a gallon, and my never ending thirst for cold chocolate milk (which makes my bones strong), I think I’ll end up spending $50 a month on milk alone by the end of this year!
I’d hate to think how much I’d spend the day I have kids. One of my colleagues, Rick Pendergraft, has three kids. He buys a gallon of milk every two to three days. So I guess he’s already spending about $50 a month.
Too bad there aren’t any milk or egg futures (at least not that I know of) because if there were, I’d be betting your next door neighbors money on prices shooting higher for the next year, at least.
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Charles Delvalle is a self-taught market-timing professional and value analyst who's followed and invested in the market for the past ten years. He uses a unique combination of technical and fundamental research to pinpoint rapid profit opportunities with stocks and options.
Charles is also a staunch contrarian and takes pride in finding undervalued sectors and discovering undervalued, cash-rich companies. He frequently mocks government stupidities and points out the "inaccuracies (or lies, take your pick) that government reporting frequently dispels as "truth".
