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CDN $ Reversal?

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  • pilllypilsner
    Junior Member
    • Jan 2005
    • 10
    #11
    cowman-what was the price of wheat in 67?i'll guess a dollar or two.in 67 dollars were backed buy .80 oz's of silver.fridays silver close was 11.49.
    yes everything will cost more but a farmers "leverage" is the price of his product.keep your eye on this ball jensend.the crb is in full bull market mode and it is only a matter of time till the grains catch up.when it does happen there will be all kinds of b.s.
    reasons why but never the true ones.

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      • clancey
        Member
        • Oct 2000
        • 40
        #12
        The long terms trend for wheat is still intact and it is relentlessly lower. The only serious upticks are weather related. If there are several coincidental crop failures in major exporting and importing countries then the sky's the limit for wheat prices. Otherwise, any steady upward movement in price is just going to draw in production around the globe.

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