It's still all about the debt. The entire market is rigged and if investors ever got a wiff of inflation they would sell those low yield bonds in a heart beat and the fed would be forced to buy them then the entire thing becomes unglued.
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Agreed ajl
When we look back at the past 5 years we will see a strong inflationary time here in Canada
Just think about the increase in costs from say 2008 up till Dec 2014 for
Food
Fuel
Housing
Vehicles
Machinery
All transportation - air , rail , trucking
Land - rual and urban
Labour
Some of these alone have doubled or trippled in this time period. Inflation has been starring us in the face for a while .
It may not have been an overnight issue but it has been strong and steady just under the radar, constantly.
I also agree with housing - the writing has been on the wall for two years - it is not sustainable at any level of economics - it just needed a trigger ( oil) to pop the bubble .
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Sooooo, land prices will be coming down?
Oh well, it looked good on the Net Worth Statement for a while.
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Easy to say and do on 1500 acres but try it on 5000 plus. You still need help for some of it.
Agree ado on the veris. We have finished all our acres now and it is one thing that will never change so you will always have that as a good reference for making zones.
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Last couple years all this new money poured into the economy has just been diluting value.
20 bucks an hr and a 275000 house or 40 and a 550000 house... Same thing except you have more interest costs.
People don't get it... In the depression governments print money and built things... New highways tracks bridges... dams schools hospitals. All these are real hard assets adding to the value of the country and thus it's currency.
All this money getting poured into equity markets inflates paper. It's like getting a farmer getting a 250000 cheque... If you invest it in land a tractor cattle grain bins or paying off debt it increases your net worth.
If you spend it on hookers and blow it makes you feel happy for a little while and then the money is gone and you have nothing to show for it. That's basically what governments are doing today.
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JD I believe it's a couple hours to pull EM 38 across a quarter. Cost likely varies but 4 - 7 and acre?? But you do once. Once your zones and sampling points are established it may be cost 2 - 5 per acre per year depending on testing and what you can do yourself.
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JD I believe it's a couple hours to pull EM 38 across a quarter. Cost likely varies but 4 - 7 and acre?? But you do once. Once your zones and sampling points are established it may be cost 2 - 5 per acre per year depending on testing and what you can do yourself.
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JD I believe it's a couple hours to pull EM 38 across a quarter. Cost likely varies but 4 - 7 and acre?? But you do once. Once your zones and sampling points are established it may be cost 2 - 5 per acre per year depending on testing and what you can do yourself.
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