Then answer my questions in the above post. Or are you acknowledging the facts and staying the course(yours). I think we have it pretty good owning land and own a necessary commodity. Not saying they won't go down, but it might be the stuff to own
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kind of thought i talked to much about this stuff and people where sick of it.
if your a little old lady in an apartment building i'd say get yourself some gold and silver coins.
if your a farmer keep doing what your doing,it may end up being the best thing i don't know,i see a few other things
the debt thing is hard,i've read the history,when germany restructured it was indexed to gold,i don't see a clear path of how it is handled,i have suspicions but nothing concrete enough to say or argue in point
the main point would be to see things for what they are,a cattle heard,a welder and a man who can fix anything,the seamstress who fixes his clothes,gold is worthless ok go dig an ounce out the ground for me then tell me what you want in trade
o you got paid 2 dollars a day,so that was ten days for an ounce of gold,o 50 cent grain so 40 bushel got you an ounce of gold and now its 200?
everything is relative and there ends up being no magic at the end of this rabbit hole,you end up knowing what you did at the start,just maybe with a little more conviction.
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If you want to here things in the more complicated end of the spectrum.
these negative rates are destroying the capital base of the economy
you can kind of compare yourself and farm to it,sort of a base and build
every once in a while the people and government go full retard,its like lets just have everything now,stadiums,roads free health and education fighter jets parked overseas
it only works up until a point
there are certain economic laws that are like gravity
people got us fixed in the early eighties,barley,that play book got thrown out the window
they are scrambling to contain this
they are now trying to reduce economic costs on populations in a last ditch effort to revive growth
the capital base was blown out a while ago
the bond market is in liquidation,sure you can buy 13% energy related stuff or 1% sovereigns or 13% brazillion,then back it with a credit default swap who nobody now believes has a value because well that market is approaching a quadrillion,makes tulip mania look like romper room
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My biggest concern would be capital preservation. I never bought any high priced land and I can't see it collapsing to the point of what I paid for it. If I missed anything it would have been the opportunity to capitalize on it's appreciation by selling. Then what do you do with the money
Cash in the bank, well.... Am I supposed to sink it into a hard asset and operate on credit? Seems to be the thing to do.
Securities held as Stocks and Equity mutual funds.... could be an ouch
Commodity grain stocks.... prices seem to be on the rise, canola out to July is creeping up to $11.00, my quality of HRSW is creeping up to $7.00 for July. Lentils are at historical highs, some other grain prices are doing good as well.
As much as I hate farming at times... I think it may be one of the best places to be in these uncertain times.Last edited by farmaholic; Dec 10, 2015, 17:45.
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