Over the past quarter, there have been a number of industries that
have shown both profit and growth in this recessionary economy.
However, outside of the popular, and heavily traded companies in the
market such as Apple, the primary industries achieving record sales and
record equity prices are none other than the disaster preparedness items such as gold, guns, and spam.
On Aug. 23, Hormel beat analyst expectations for revenue, primarily through sales in their Spam product lines.
Hormel Foods Corp. said Thursday that it earned $111.2 million, or 41 cents per share, for the quarter. That's up 13 percent from $98.5 million, or 36 cents per share, during the same period a year earlier.
Revenue for the period ended July 29 increased 5 percent to $2.01 billion from $1.91 billion, led by sales of Spam. This was slightly higher than the $2 billion that Wall Street forecast.- Associated Press
Besides the food component of disaster preparedness investing, two
other items, these being gold and guns, are seeing massive purchases in
several different quarters of the economy. Since November of last year, and in particular after the shooting massacre in Colorado last month, gun sales across the country are proceeding at record levels. And in regards to gold acquisition, economic disaster fears around the world have driven up the price nearly $80 in the last ten days alone.
Gold and silver both reached their 200 day MA on Aug. 23 for the
first time in several months, as investors like George Soros and John
Paulson invest in the metal's paper traded ETF's. Additionally, the
amount of gold and silver being accumulated by central banks has
increased several times in recent months, as global fears of Euro destruction and war in the Middle East accelerates.
The mantra and cry of those in 'Prepper Nation'
has always been about the accumulation of gold, guns, and grub. In the
3rd quarter of 2012, these three items are proving themselves to be
high priorities in what consumers are purchasing, and market trading
volumes in gold, guns, and spam are also validating this growing belief
by consumers that disaster preparedness investing is becoming a reality.
