Ten (10) Questions for 2015

[malleefarmer]

I will stick up for errol here didn't he say in possibly feb/march of 2014 wheat and canola prices were attractive and it was prudent to have a risk management plan in place, he wasn't being bearish just cautious again cotton and errol are stating to likely scenarios, not beating there chests just observing, I for one learn a lot off agriville and often do due dillengce after stuff is posted on here and go and check it out for myself and make ration al decisions.
And its not as nasty as some other sites when bulls and bears are constantly at it, kinda big picture stuff here. The other big question is its gonna be 45 here possibly new years will the pub run out of takeaway beer...

[cottonpicken]

IMO Errol and everyone and i are just trying to see how the dominoes fall in the future which is very very hard.

One of the thing i know for sure is that the top analysts and hedge fund guys are very very scared.

[farmaholic]

The question I've asked in the past and got no response to is what has anyone done on a personal/business level to protect their "ass"ets?

[seabass]

I know exactly were u guys are coming from and its a scary situation that has been building for too long. Shit will hit the fan and being on the wrong side of it wont be good for way too many. I dont think there will be too many places to hide from it

[vvalk]

The way of sort of look at it is if everyone ( being almost very country) is in trouble then wouldn't it make sense that no one is in trouble? Trying to figure out where the catastrophe comes from when every player in the game is on the same situation

[ColevilleH2S]

Preparations on a personal level; Government infrastructure spending may be cut. To deal with crumbing roads I jacked up my pickup and put balloon tires on it.

[farmaholic]

Ya, that's what I had in mind. People of Sask are already ahead of their western neighbors on that front.

I must admit I'm happy farmland, an actual useful hard asset compared to gold, makes up the biggest portion of my portfolio. My only regret is I didn't buy more before the run-up.... maybe after the correction if there is one.

[Braveheart]

Old school buses are cheap and easy to bury for bunkers.

Keep bug out fast bags full of gear and fresh spam handy.

Water purification gear a must.

Kruggerands are buried in safe spot.

Happy New Year)

[farmaholic]

Braveheart, better have lots of ammunition on hand to defend your grain stocks.

[farmaholic]

Just think how lucky you are, you have the gold AND the land to bury it on!!!

[Braveheart]

Pretty lucky so far. Every day above that land instead of below it is a good, and lucky, day..

I don't stress about foreign debt or macro economic issues because they're out of my control. We manage our own debt and our own risk.

Farming is risky business. But, no risk, no business.

[mbratrud]

Here's some leading questions for agrivillers to ponder for the year ahead.

1. With global deflationary pressures expanding and
central bankers losing their influence and power,
will interest rates rise or drop? Flat to very slightly higher

2. With a chronically high U.S. dollar, is gold now just
another currency? I don't think there is enough gold for it to be a realistic world wide currency.

3. Is the eurozone at risk of break-up? No, they cant afford to break up.

4. With Canada's recession deepening, will the BOC cut
their key bank lending rate below 1%? No

5. What will the value of the Canadian dollar be one (1)
year from now? .75 - .80

6. Is the cattle board decline of late a glancing blow or
the start of an actual correction? I believe the start of a leveling off.

7. Are historic U.S. equity market gains stemming from
real growth or a flow of global investment money? Both IMHO

8. When will the crude oil price war subside? When its below the cost of production. another $15 - $20? don't believe its more than a 6 - 12 month event though.

9. Can North American grains rally through a deflating
global commodity complex? Floor is in IMHO

10. China has taken over as the world banker. How will
this power influence their power over resources
globally? I tend to think as a growing trading partner this might not be bad for us.

Bonus question: How deep will the real estate drop be from central BC to Alberta to Saskatchewan be over the next year? less than we expect. 5 - 10% at the most, as long as our $ is weak I thing foreign investment will keep things steady.

Realize there are many more questions. Add more . . .


Of course these are mostly stabs in the dark, I am far from a futurist, too many moving parts. but will be fun to look back in a year.