Only stock that was + on the day the DJIA dropped 778 points. Lot's of people stocking up on canned goods. When the mother of all depression hits, the soup lines are going to be where many Americans will get their meals.
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Only stock that was + on the day the DJIA dropped 778 points. Lot's of people stocking up on canned goods. When the mother of all depression hits, the soup lines are going to be where many Americans will get their meals.
Sysco Corp (SYY).....food distributor......pays 22 cent QDiv.......leader in the industry.........price of diesel is their biggest hurdle.......getting their act together with national supply chain.
Even in a depression, schools, prisons, hospitals, and nursing homes will be running.
US gov't is their largest customer.
Am thinking seriously of doing this investment for the next 3-5 years while we sit in a depression. That and gold.
Cheers
Sysco Corp (SYY).....food distributor......pays 22 cent QDiv.......leader in the industry.........price of diesel is their biggest hurdle.......getting their act together with national supply chain.
Even in a depression, schools, prisons, hospitals, and nursing homes will be running.
US gov't is their largest customer.
Am thinking seriously of doing this investment for the next 3-5 years while we sit in a depression. That and gold.
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