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    #76
    Originally posted by foragefarmer View Post
    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!

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      #77
      Originally posted by flea beetle View Post
      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.

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        #78
        Originally posted by AlbertaFarmer5 View Post
        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!

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          #79
          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”.

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            #80
            Originally posted by wrongway View Post
            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.

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              #81
              Paris bank meltdown, Euro banks under heavy selling overnight . . . Take cover. “Le shit now appears hitting le fan”

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                #82
                Credit Suisse is a $700B bank in contagion… too big to fail…???… too big to save???

                Treasuries US banks own… are under water some 600$B to equalize 10 year interest rates need to double from 3.5% to at least 7%…

                This would create a world of hurt for the global financial system….

                A stable secure home for monetary deposits would be prudent… putting it mildly…

                The Russian fighter jet hitting the US drone in international air space over the Black Sea… was not a smart move… apparently they hit the prop of the drone taking the engine out and causing it to crash…

                EU and US stock markets are down this morning….

                WTI $70 this morning…

                Very interesting times!!!

                Cheers

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                  #83
                  2023 is already the worst year of Bank Runs in US History measured by deposits held by failing banks.

                  SVB & Signature reportedly had $263B in deposits combined. Already more than the deposit exposure of failed banks in 2008. And it just the beginning of a potential wave of bank failures.

                  Thank goodness, this is not considered a recession by those in the know . . . .

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                    #84
                    Private gains and socialized losses. Quite the industry, what they learned from 2008 was they can engage in risky derivatives bets and worse case they will be bailed out. Nothing was repaired infact the bubble is much much larger.
                    CB's (private entities masquerading as government entities) ran the economy at 150mph and then they slammed on the brakes. And what you’re seeing now is the resulting car crash. Manufactured boom and bust cycles created by the creature from Jekyll Island, the Fed, are nothing new.


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                    Last edited by biglentil; Mar 17, 2023, 15:16.

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                      #85
                      Gold that 'relic' that after decades of Cental Bank selling, central banks have been stockpiling at the fastest rate in history. Except Canada, most was dumped at $250 an ounce then Turd sold the last remaining a few years ago.

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                        #86
                        In my lifetime every few years, we hear about smaller banks in US “going under”. Banks taking tech ideas for green projects, hmmm, pie-in-the-sky crazy notions, what do you expect?

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                          #87
                          Originally posted by ajl View Post
                          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.

                          billionaires (bill gates), investors (chinese), pension funds(otf) all buying land like there is no tomorrow. I'm of the opinion that the elites and those with friends in high places are and will be protected. 7 billion people to feed and the powerful want total control over that. they are patient they will get what they want it's easier to discourage everyone to make them quit than to make laws and forcibly take it...just look whats happening in the netherlands and france and south africa right now people are fighting back, not that you will see any of this on cbc...

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                            #88
                            Originally posted by wrongway View Post
                            billionaires (bill gates), investors (chinese), pension funds(otf) all buying land like there is no tomorrow. I'm of the opinion that the elites and those with friends in high places are and will be protected. 7 billion people to feed and the powerful want total control over that. they are patient they will get what they want it's easier to discourage everyone to make them quit than to make laws and forcibly take it...just look whats happening in the netherlands and france and south africa right now people are fighting back, not that you will see any of this on cbc...
                            cpp recently sold land holdings. I don't think they are any wiser than anybody else so not sure what to make of that. Gates has land that they are putting solar panels on. There is speculation that the billionaires will be able to force a conservation reserve program in order to starve the populace while making good on the farmland investment so that is likely gates' angle. After all they figure people will eats bugs. chinese speculate on real estate because that is what they do. Home ownership is 200% in china. How does that work? Look up ghost cities. Some of those are being blown up. Real estate speculation goes on in all failed states prior to collapse.

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                              #89
                              Gold ripping today 2730 imitation gold looneys for 1 real one. +97 looneys just today.
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                              Last edited by biglentil; Mar 18, 2023, 06:14.

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                                #90
                                Banking situation in a nutshell

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