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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (7202)5/25/2001 2:29:57 PM
From: craig crawford  Read Replies (1) | Respond to of 57684
 
>> hate to break it to you but my post about gold not going up because Glenn and benign jewelry store merchants like him could single handedly suppress the price was a joke <<

Oh. Sorry.

Actually the real problem with America's food system is the refined and processed food industry. They load our food with sugar, white flour, and chemicals and then mark it up for huge profits. It's still relatively cheap compared to fresh food however. Meat & dairy products may cost a lot more than pasta or rice, but it costs much more to produce and it doesn't keep as long so there is a lot less of a mark-up. That is why the refined food industry has waged a propaganda campaign via the media and governemnt to totally mislead the public on the proper way to eat.

It's not profitable for the food industry to have Americans eat properly so they do everything in their power to spread lies and misinformation. They tell you red meat and eggs are bad for you yet their unnatural and sugar laden products will kill you and make you addicted.

Everyone loves to jump on the tobacco industry and sue them. The refined food industry is the real dastardly group that needs some lawyers chasing after them.



To: 16yearcycle who wrote (7202)5/28/2001 2:27:52 AM
From: Glenn D. Rudolph  Respond to of 57684
 
I suspect Glenn would be truly happy to pass on any inflation he sees...although considering the ungodly, insane, mark up on products he sells, he probably has some wiggle room.


Wow! I surely got drawn into this. The margins on the retail level are half what they were ten years go.I did not say they were low. The margins for the manufacturers have become very small.

We pass increases in our cost of finished gold product on to the consumer immediatly. That does not make us bad people<G>

The chicken, grapefruit, and orange farmers who are driving Glenns employees into bankruptcy with their enormous margins,(he did say he paid them more, but they couldn't keep up with food prices, didn't he?)are true crooks in our system. I have a friend who is an orchardist in Florida. That asshole gets 1 cent an orange!!! Can you imagine? Guys like him are just killing our system.



I do not know the fruit business that at all. Is it really that good margin wise? It seems as supply and demand goes out of balance, oil increases its margin on the mining, refining and retailing level. Passing the costs on in oil seems to be a foregone conclusion.