• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Buy Gold...schlager: Booze Inflation Highest In 20 Years

Tyler Durden's picture


Americans can handle soaring rent, gas, and even food prices (all those thing that the Fed conveniently ignores) with the stoic patience of a Greek who welcomes 160 German tax collectors on his rehypothecated front porch. But if there is one thing that is sure to kindle the revolutionary spirits it is the soaring price of booze. As it just so happens, ships are parked in the Boston harbor with crates of Grey Goose prepped for tossage overboard as we speak. As the following chart of alcoholic beverage inflation indicates, courtesy of John Lohman, January saw the biggest month over month spike in booze inflation in 20 years. In other words, about 90% of all traders alive today have never seen a bigger jump in liquor inflation in their lives. Then again, with nobody trading any more, and since the new venue du jour of most of said now ex-traders is the local watering hole, perhaps we are seeing demand pull inflation in at least one item. Needless to say, there is something very ironic that surging alcohol inflation is the only thing that is resilient to the central banks (un)sterilized liquidity explosion. The good news: there is distinct relative deflation in the cost of ammunition. At least for the time being...

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Mon, 02/27/2012 - 19:57 | 2202136 Ahmeexnal
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Mon, 02/27/2012 - 20:08 | 2202166 slaughterer
slaughterer's picture

Good for liquor inflation, I want to offload some more crates of Lafite Rothschild to buy some more gold and machine gun ammunition and some tanks for my natural gas holdings.   Would rather be able to shoot the enemy efficiently than get drunk at this point.  

Mon, 02/27/2012 - 20:17 | 2202198 Not For Reuse
Not For Reuse's picture

LOL great, I'll take a crate of wine over a crate of fuckin' ammo any day of the week. Not a fan of Lafite, but if you have something that's actually worth bartering for, hit me up.

(PS, shoulda sold that Lafite in Sept before the HK auction market croaked...)

Mon, 02/27/2012 - 20:24 | 2202216 Troll Magnet
Troll Magnet's picture

i gotta go buy some weed to hedge against this bullshit.

Mon, 02/27/2012 - 20:27 | 2202220 Arius
Arius's picture

"the stoic patience of a Greek"

... LOL .... we have come a long way from the 300 spartans haven't we?

Mon, 02/27/2012 - 20:47 | 2202254 francis_sawyer
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"Americans can handle soaring rent, gas, and even food prices"

says who?

Mon, 02/27/2012 - 20:50 | 2202261 Troll Magnet
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$5 a gallon in my neck of the woods.  

Mon, 02/27/2012 - 21:13 | 2202299 Stax Edwards
Stax Edwards's picture

At least Fisher believes in including the price of beer in inflation calculations.

Mon, 02/27/2012 - 21:20 | 2202309 El Hosel
El Hosel's picture

Coors Extra Gold, The king of cheap beer...  less than $20 for 30, while supplies last.

Mon, 02/27/2012 - 21:31 | 2202327 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I've been trying to hoard booze, but I can't help liquidating my cache.

Mon, 02/27/2012 - 21:38 | 2202339 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Dude, I homebrew beer. It is getting more expensive, but not at that rate! You can also make good wines at $3 a bottle if done right.

Mon, 02/27/2012 - 21:44 | 2202357 Mr Lennon Hendrix
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My favorite mash I did was an ESB w/juniper berry tea + wormwood tea.  One bottle had me grinning and spinning!

Mon, 02/27/2012 - 21:57 | 2202388 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

The green fairy makes people grow crazy!!!

Mon, 02/27/2012 - 22:01 | 2202397 The Big Ching-aso
The Big Ching-aso's picture



Zombies try and raid me for booze I'm gonna lay out Pabst Blue Ribbon booby traps.   That'll kill their asses.

Mon, 02/27/2012 - 22:07 | 2202409 Yes_Questions
Yes_Questions's picture



PBRs as Vorpal weaponry..

Mon, 02/27/2012 - 22:21 | 2202438 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

PBRs as traps might get a few of those hipsters type too. Kill two birds with one stone!

Tue, 02/28/2012 - 01:36 | 2202816 flacon
flacon's picture



4 Yorkshire Men:



Mon, 02/27/2012 - 23:49 | 2202607 Beam Me Up Scotty
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Is baiting fat assed idiots legal??

Mon, 02/27/2012 - 23:55 | 2202616 The Big Ching-aso
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I think so.    I don't think you can bait them while sitting in your car though.


Mon, 02/27/2012 - 23:12 | 2202539 BeerBrewer09
BeerBrewer09's picture

Homebrewed beer cost (for 10 gallons of IPA @6.5% alcohol, not including time or equipment)

1 lb. hops = $8-$16

20 lbs grain = $10

1 vial liquid yeast = $7.50 (reusable ~5 times)

water = $.50

propane = $6

total cost = $32-$40 / 106 12oz pours = between $.30-$.38 per beer

Tue, 02/28/2012 - 03:23 | 2202964 RafterManFMJ
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So...when's the house party?

Tue, 02/28/2012 - 13:10 | 2204401 BeerBrewer09
BeerBrewer09's picture

you supply the silver, I supply the beer

Mon, 02/27/2012 - 22:34 | 2202470 A Nanny Moose
A Nanny Moose's picture

Indeed. No liquidity trap here.


Tue, 02/28/2012 - 03:22 | 2202963 RafterManFMJ
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Damn Hendrix set it up so I can short your hoard..I'll cut you in for a win-win.

Mon, 02/27/2012 - 20:42 | 2202244 non_anon
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weed is terribly inflated when I oould buy it for $40 an oz in the 70's and early 80's

Mon, 02/27/2012 - 20:47 | 2202253 Flakmeister
Flakmeister's picture

Yep... I remember those lids... 7 grams of seeds, 7 grams of stems, 10 grams of male fan leaves and 4 grams of sort of ok bud...

If there is one product where the CPI deserved a hedonic adjustment, it's marajuana....

Mon, 02/27/2012 - 20:56 | 2202275 non_anon
non_anon's picture

ha ha, yeah, it came in a sandwich bag

Mon, 02/27/2012 - 21:32 | 2202330 Mr Lennon Hendrix
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What was the level of THC back then?  One bong rip should do what a joint did back then.

Mon, 02/27/2012 - 21:41 | 2202345 Flakmeister
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5-6%...me thinks

Mon, 02/27/2012 - 22:20 | 2202436 non_anon
non_anon's picture

yeah, I'm a lightwieght when it comes to pot but I can drink a hell've alot of booze!

Mon, 02/27/2012 - 22:28 | 2202452 The Big Ching-aso
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Gold for Booze! commercials.

Mon, 02/27/2012 - 21:05 | 2202287 nmewn
nmewn's picture

Damn Flak, sounds like you needed to run with a better crowd ;-)

Mon, 02/27/2012 - 21:40 | 2202343 Flakmeister
Flakmeister's picture

Actaully that was the pot... I smoked mainly hash being in port towns back then...  Red Lebanese, Moroccan Green from the Atlas... occasional afgani...


Mon, 02/27/2012 - 21:51 | 2202374 nmewn
nmewn's picture

You bastard ;-)

Smoked some hash as well, I'm not gonna lie and say I knew where it was from. It was a cube, rectangular, dark brown. Some hash oil too, we used it around joints when all we could get was mexican.

Which I understand (mexican) has come a long way from my time. Back then it tasted like smoking dirt and gave you a headache and occasional giggles.

Mon, 02/27/2012 - 21:59 | 2202392 Hugo Chavez
Hugo Chavez's picture

I wish i could find oaxacan and columbian gold. Nice sativa buzz that didnt put you to sleep like these indica hybrids.

Mon, 02/27/2012 - 22:01 | 2202398 WonderDawg
WonderDawg's picture

Yep, Mexi was headache weed. Panama Red, Columbian Gold, and Thai stick were the premo strains back then. Even the best Columbo back then doesn't stand up to the sensi out there today.

Mon, 02/27/2012 - 22:17 | 2202428 nmewn
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That's good to know, when I take up with my old friends when we all retire ;-)

Mon, 02/27/2012 - 22:40 | 2202475 WonderDawg
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Not that I know first hand; this is just what I've heard, you know, through the grapevine.

Mon, 02/27/2012 - 22:45 | 2202488 nmewn
nmewn's picture


Purely anecdotal, we're all given to flights of fancy here ;-)

Mon, 02/27/2012 - 22:08 | 2202411 erg
erg's picture

I remember the hash you describe. I'm sure there were many varieties. It was a preferred brand. We called it gold seal because that's what it had stamped on it.

How about a hash/gold based currency? Would that work?

Mon, 02/27/2012 - 22:26 | 2202448 nmewn
nmewn's picture

Sounds like one would have to be legalized or both criminalized ;-)

Switching gears, it always comes down to this with me, on legalization. I prefer de-criminalization to legalization as once something is legalized it becomes taxable.

And we all know what happens to the price of something bought retail once it's legal. De-criminalized let's you grow your own without a hassle.

Like corn or cabbage.

Don't tell Monsanto though, they'll want to make the seeds infertile ;-)

Mon, 02/27/2012 - 22:41 | 2202476 JohnG
JohnG's picture

One word: CLONES!

Mon, 02/27/2012 - 22:56 | 2202504 nmewn
nmewn's picture

Just watch the wattage and infared and well, ya know ;-)

Best to keep it off the place...government land is best...I mean what are they gonna do confiscate themselves...lol.

Mon, 02/27/2012 - 23:12 | 2202534 erg
erg's picture

Terminator seeds. Whenever I make chili I save all the seeds of the peppers while it's worth it.

Mon, 02/27/2012 - 22:31 | 2202462 JohnG
JohnG's picture

I'll let you know in a few minutes.....  :)

Tue, 02/28/2012 - 03:20 | 2202961 JohnG
JohnG's picture



After more than a few minutes....

The anwser is YES WE CAN!

(Got a little tied up with a thumbtack and a wine glass, inhales...looks at shiny gold...smiles, now where DID those cheetos get off too...)




Mon, 02/27/2012 - 22:45 | 2202484 Lednbrass
Lednbrass's picture

Its only a rumor, and not that I knew such folks personally of course, but I sorta kinda heard of a guy who used to get very large amounts of that "Black Gold" gold stamp in kilo bricks back in the 80's. Supposedly it was coming from the Mujahideen freedom fighters to fund their war against godless communism.

I doubt its true, and Im sure the noble fighters against communism wouldnt have resorted to such means to fund their wars against an aggressor... errr... I mean those filthy terrorists were probably trying to undermine apple pie and baseball even then. Clear proof that Islam is our enemy, and we have always been at war with Eurasia! Or is it Eastasia? Heck, whoever the defenders of freedom at DHS want it to be!Damn those terrorists!

Mon, 02/27/2012 - 23:26 | 2202569 nmewn
nmewn's picture

Anyone who fights communism is a friend of mine...glad I could help in the struggle for freedom once upon a time...lol.

Of course anything can be used as a "revenue stream"...from subsidized solar to a plantation welfare state. It's used for those who have control over it. It's just the pious pontificating assholes that piss me off more than anything.

If one is going to live it...live it, breath it.

Don't turn around and point fingers and say (Bwaney Fwank) that I did this for the downtrodden when he had more bank lobbyist's on his staff than any other representative as far as I can tell. Or Dodd, who's wife worked for an offshore financial operation in the Cayman's as he railed against offshoring wealth.

Or that grand "populist" so beloved here on the pages of ZH (Alan Grayson) who, having been trained in finance and contract law promptly lost a portion of his fortune overseas, under a contract, which he wrote off. 

Yes, revenues work for those fortunate enough for them to flow in their general direction...no doubt.

However, you and I are not in that club. We're retail.

Mon, 02/27/2012 - 23:25 | 2202565 Real Estate Geek
Real Estate Geek's picture

How about a hash/gold based currency? Would that work?

Probably not; it's just bimetallism in a tie-dye T.

Mon, 02/27/2012 - 22:25 | 2202446 non_anon
non_anon's picture

ah, smoking hashish, brings back memories in my bedroom in my parents house listening to Judas Priest, ripped.


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