Gamestop

[GOODRUM]

I think this is pretty cool, I like seeing the big dogs lose for a change.
It probably won't be allowed to go on much longer as the Big Boys are calling for regulations to prevent anyone from playing their game.
Im not sure if the mainstream media is covering it much, I watched it on YouTube.

[beaverdam]

Silver opened tonight, gaping up around $1.30/oz

Currently up $2.53/oz to $29.52

[GOODRUM]

It would be something if we could use the Reddit ordeal in our own industry, all us little pee-ons can make a difference , a specific commodity is to low and seems to cheap get buying .
We can influence prices this way, of course this is way deeper than my knowledge on the subject but someone smarter than me can maybe investigate. It’s seems the big untouchable can be made to squirm. God I love that idea!

[bucket]

It would be something if we could use the Reddit ordeal in our own industry, all us little pee-ons can make a difference , a specific commodity is to low and seems to cheap get buying .
We can influence prices this way, of course this is way deeper than my knowledge on the subject but someone smarter than me can maybe investigate. It’s seems the big untouchable can be made to squirm. God I love that idea!

It would be interesting to put the squeeze on a large grain company / family just to knock them a notch...little late for that though...we watched the Prairie Pools morph into a grainco by saying they were broke...infiltrated by those that had other motives.

[bucket]

I am always fascinated by what happened next after the deal is done...for example...

How did the prairie pools go from being broke to one of the largest graincos in Canada ....no one can explain how the value dipped after using all the farmers equity ...then recovered so quickly...I mean the cheques were never bad ..were they????

How did ILTA end up where they did when pulse prices turned almost to the day after Viterra bought their assets ???? Were they really broke because their inventory would have had a pretty good rebound????

It seems the people that control these deals are never held to account as to instead of borrowing money to someone new they just don't give the existing player time to gain back what they had lost...

Same goes with the current FCC policy of gently nudging guys to sell because it is a high price for land bought for 30k,,,they have buyers lined up to purchase for 250k and they are lending it to them but won't allow the use the equity for farmers to get over a hump...seen it many times...

Guys are nudged out by the lender only to have things turn within 6 months or year down the road that they could have made it through...

Why do I mention it...because FCC was given 5 billion to help farmers not just the BTOs consolidate but it looks like that is what's happening...

[bucket]

HAs the question been asked in this Gamestop venture.....where or if there is Chinese money at play?

Sure is easy to have stimulus money for basement dwellers to play with but who put the idea in the head of someone to crack the code of the large funds?????

[jazz]

There has been lots of commentary on the reddit traders over the past weeks. Taking down a few hedge funds is one thing, but going after a metal that has been suppressed and manipulated and denied currency status in favor of debt and fiat means taking on another level of corruption.

The Hunt bros are a good example. They were ruined over the silver trade. Now can 6M silver traders be ruined, not likely.

[Rareearth]

Also Copper was Controled by one Chinese guy with a big position years ago, can’t remember the details

[GOODRUM]

This is funny

[LEP]

I am always fascinated by what happened next after the deal is done...for example...

How did the prairie pools go from being broke to one of the largest graincos in Canada ....no one can explain how the value dipped after using all the farmers equity ...then recovered so quickly...I mean the cheques were never bad ..were they????

Really? You don't remember Glencore came in with Billions to buy the Pool's assets?

How did ILTA end up where they did when pulse prices turned almost to the day after Viterra bought their assets ???? Were they really broke because their inventory would have had a pretty good rebound????

Uhm. You still don't get it. Very few grain companies of any size buy grain and sit on it for any amount of time unpriced. Most of ILTA's grain would have been sold and the margins set before delivery happened. The problem with ILTA was the $35m per plant that they spent on the two big plants. You have to move incredible volume to feed that beast.

It seems the people that control these deals are never held to account as to instead of borrowing money to someone new they just don't give the existing player time to gain back what they had lost...

Same goes with the current FCC policy of gently nudging guys to sell because it is a high price for land bought for 30k,,,they have buyers lined up to purchase for 250k and they are lending it to them but won't allow the use the equity for farmers to get over a hump...seen it many times...

Guys are nudged out by the lender only to have things turn within 6 months or year down the road that they could have made it through...

Anybody that was that tight would have been back hat in hand next year. It is an easy out for someone to sell to a BTO with an insatiable appetite for growth. I highly doubt that FCC or any other lender restricts a loan to a farmer to force it to happen.

Why do I mention it...because FCC was given 5 billion to help farmers not just the BTOs consolidate but it looks like that is what's happening...

Trade the tinfoil hat for the thinking cap.

[WiltonRanch]

The silver squeeze isn’t supported by the WSB group. They allege the hedge funds are long silver, so squeezing that will only make them money. They say it’s hedge funds by way of bots, allies, and media pushing the story.

[bucket]

I am always fascinated by what happened next after the deal is done...for example...

How did the prairie pools go from being broke to one of the largest graincos in Canada ....no one can explain how the value dipped after using all the farmers equity ...then recovered so quickly...I mean the cheques were never bad ..were they????

Really? You don't remember Glencore came in with Billions to buy the Pool's assets?

I guess the value of the pools was still there but farmers equity had gone poof...

How did ILTA end up where they did when pulse prices turned almost to the day after Viterra bought their assets ???? Were they really broke because their inventory would have had a pretty good rebound????

Uhm. You still don't get it. Very few grain companies of any size buy grain and sit on it for any amount of time unpriced. Most of ILTA's grain would have been sold and the margins set before delivery happened. The problem with ILTA was the $35m per plant that they spent on the two big plants. You have to move incredible volume to feed that beast.

So the 600million spent on the Roquette plant needs government money for 250000 tonnes ...that same money would build 12 high throughput elevators and handle 20 times the grain...obviously good money for Roquette's plans on protein but still requires taxpayer $$$$

It seems the people that control these deals are never held to account as to instead of borrowing money to someone new they just don't give the existing player time to gain back what they had lost...

Same goes with the current FCC policy of gently nudging guys to sell because it is a high price for land bought for 30k,,,they have buyers lined up to purchase for 250k and they are lending it to them but won't allow the use the equity for farmers to get over a hump...seen it many times...

Guys are nudged out by the lender only to have things turn within 6 months or year down the road that they could have made it through...

Anybody that was that tight would have been back hat in hand next year. It is an easy out for someone to sell to a BTO with an insatiable appetite for growth. I highly doubt that FCC or any other lender restricts a loan to a farmer to force it to happen. Guarantee that is happening at FCC...

Why do I mention it...because FCC was given 5 billion to help farmers not just the BTOs consolidate but it looks like that is what's happening...

[sumdumguy]

Just for Interests sake - Goto Netflix- search “The Big Short”. We watched it last night and many memories returned of when we scoured Las Vegas and Mesa to buy a house in 2009-2010. We saw streets in new areas where almost every property was for sale, squatters were living in some very news houses with hibachis and big dogs. One young seller told us his family ‘owned’ 10 new houses in Lake Las Vegas Resort and he showed us what he did for a living - he sold cheap rum out of his car trunk to back doors at casinos and bars. Did the banks learn any lessons? Probably not, they all got their bonuses and no one paid the price except the taxpayer. And the beat goes on.

[sumdumguy]

A realtor called me and we talked about the pandemic and the border closures. His comment, “This too shall pass. “ it resonated and now it is my pacifier. They aren’t experiencing this like we are, they tell me everything is open and life is beautiful - same as our friends in Mexico.

[bucket]

Serenity Now !!!