Banking failure

[jazz]

errol, the big banks are going to be a buy here somewhere. All the deposits that got out of SVB et al, and all the ones that will be covered by the fed will now be moving to Chase and JPM etc. who are much better capitalized.

People also took their deposits and put them in stocks and crypto and gold miners today.

Takes a lot of pain before people go to the mattress.

[furrowtickler]

Time will tell

[errolanderson]

Time will tell

This is BS (IMO). And Canada’s banks are not isolated from themselves. The banking industry was already going under fire before anyone heard of SVB.

[ajl]

Time will tell

Notice how there is real investment planned for the Alberta economy: McCain's, and fake investment planned for ontariowe: battery plant. How much you want to bet there are major fed subsidies going into that battery plant? McCain's designed their Coaldale plant to accommodate expansion when they built originally, but it has taken 20 years to make that a reality.

[foragefarmer]

So hitting the postharvest highs in wheat and durum and post Christmas highs in canola wasn't as good an idea as I hoped. Bins are empty....

Sounds like several Posters on Agriville would like to be in your position right now.

Go read the wheat thread that just got started, Poster's are hoping for somewhere else in the world to suffer major hardships in order to get a second chance at record wheat prices.

[flea beetle]

Sounds like several Posters on Agriville would like to be in your position right now.

Go read the wheat thread that just got started, Poster's are hoping for somewhere else in the world to suffer major hardships in order to get a second chance at record wheat prices.

Whaaa, Ukraine is in a war, and people are talking about current events that will affect their bottom line….whaaa…..whaaa. Don’t they know they aren’t supposed to talk about things like that, or they are wishing ill on others? Whaaa!

[AlbertaFarmer5]

Whaaa, Ukraine is in a war, and people are talking about current events that will affect their bottom line….whaaa…..whaaa. Don’t they know they aren’t supposed to talk about things like that, or they are wishing ill on others? Whaaa!

It is always painfully revealing when one of the CWB supporters accidentally makes a post indicating their attitude and gross ignorance towards marketing. Easy to tell why forage is no longer in the grain business during the free market era.

[foragefarmer]

It is always painfully revealing when one of the CWB supporters accidentally makes a post indicating their attitude and gross ignorance towards marketing. Easy to tell why forage is no longer in the grain business during the free market era.

Give it a rest, CWB has been gone for 12 years and it's time for you to let it go, even though it seems you and your buddy could use a little help in the marketing area.

No accident, all forage seed is sold in the open market and always been, no problem there.

Prices have never been better and the bins are empty. If prices are better next year I'll have no regrets.

Put the money to work!

[flea beetle]

I would like you to point out in the wheat thread where “posters are hoping for somewhere else in the world to suffer major hardships”.

[ajl]

the difference between owning gold/silver and land in my mind is that metals may be have edge in inflation but you only get one chance to sell it, then it is gone. Land is a producing asset that will always keep producing something. Governemts can take land away and they can also make personal gold illegal. i don't know what the answer is but it is always better to have some money than to not have any money. been through that before, don't really want to do it again.

Economists are put on earth to make weather forecasters look good...

Trouble is that what are you going to do with a 10000 ac vegetable garden? Lots of work. Reality is once the shit hits the fans there ain't going to be anyone that can afford your produce. This is why both land and gold are not the answer. You need some land but right now converting cash to anything that can be useful to grow one's own food and produce your own energy is the approach going forward. Gold also has limited usefulness in that you can't store large quantities (theft), you can't eat it and trading opportunities will be limited. I do have some but not much for that reason.