The Deflationary Risk of 2018

[LEP]

Caseih, I agree a 100%. We are adding new overpasses yearly and then we have to replace old ones.Replacement of bridges, roads, water, sewer, and waste disposal are unsustainable already. Now let's add carbon taxes and waste money funding overseas climate projects. Bigger and bigger govt payroll and waste. We are FUBAR.

[Tucker]

As shitty as farming and taxes can be some times we all are still in a pretty good position. We have a pretty small farm but I can still pull the pin any year I want if I get feeling overtaxed and unappreciated and spend the rest of my life blowing the many millions this place is worth. That's the thing these liberal ****s like grassy and chuck don't really understand even though they think they do. Maggie Thatcher said it best: 'The problem with socialism is you eventually run out of other people's money' Good luck taxing me in Belize. Maybe all your illegal Muzzie immigrants can drop the same volume of grain through the grates as I do every year. Tax the shit out of me at your own peril.

[hobbyfrmr]

As shitty as farming and taxes can be some times we all are still in a pretty good position. We have a pretty small farm but I can still pull the pin any year I want if I get feeling overtaxed and unappreciated and spend the rest of my life blowing the many millions this place is worth. That's the thing these liberal ****s like grassy and chuck don't really understand even though they think they do. Maggie Thatcher said it best: 'The problem with socialism is you eventually run out of other people's money' Good luck taxing me in Belize. Maybe all your illegal Muzzie immigrants can drop the same volume of grain through the grates as I do every year. Tax the shit out of me at your own peril.

Sweet.

[grassfarmer]

.... That's the thing these liberal ****s like grassy and chuck don't really understand even though they think they do. Maggie Thatcher said it best: 'The problem with socialism is you eventually run out of other people's money' .....

How little you know. Never voted Liberal in my life, voted for Margaret Thatcher's party every time I was eligible to.

[farmaholic]

Is there an unwritten rule somewhere that says two people who voted the "same way" can't disagree?

[macdon02]

Tucker are you saying your capital can cross borders and just leave when your feeling the tax burden is more then the risk? Explains why the Dow keeps going up..... capital flow. Least risk in the world. Everything is uglier then US.

[Stampsguy]

Errol, I think you will see the metals do very well in a deflationary environment. They are only being held down now by the unrelenting suppression and manipulation of the futures market by the US Fed and their bullion banks. It's a matter of public record that they are doing it. Along with the Plunge Protection Team that Reagon introduced to prop up the stock market the whole market place is a scam and fraud. It's not about real price discovery anymore.

[macdon02]

You can deny it until there is a margin call. Place your bets. Nothing proves you more wrong then the phone call to pony up. You can be right but still wrong if you don't have the timing. Physical isn't the same as leveraged paper. "The market always goes to the level that screws the most traders" Charlie Sernatinger. Gold needs a monthly close over 1362 before it's game on. Then the trend changes. It's simply coiling for now and I highly expect a head fake before it finds its true direction

[errolanderson]

Janet Yellen's Jackson Hole speech could set the tone for the stock market. The Fed is attempting to unwind their $4.5 trillion balance sheet gradually starting in September. This could shake several markets including equities, real estate and commodities (IMO). Meanwhile, they are banging the drum of another rate hike. This combo plus the equity bubble is a 'red alert' in my view.

The reason this is brought up, the Fed balance sheet was $1 trillion ahead of the 2008 crisis. If the U.S. heads into recession, what now? QE4? Rather than unwind the balance sheet, they would be expanding it again. The financial stakes are incredibly high . . . .

This is truly a mess driven by central bankers and we will all feel the pain of the fallout (IMO).

[MBgrower]

No deflation on the farm machinery side. As always manufactures are still increasing prices, even the Canadian built products.