
02/12/11, 02:59 PM
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Join Date: Jan 2011
Location: Pacific NW
Posts: 42
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Quote:
Originally Posted by Patt
I agree! I hope to see more small farmers growing more and more grain since it's the only way we will ride out the increasing havoc global weather patterns are playing on the world's food supply. Amazing how badly we have mucked up the whole food system isn't it?
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I agree as well. Things are not going to get better. The Finance boys and girls are seeing that things like treasury Bonds, stock market, and all the mortgage investments are going south. there is no confidence. The stock market is going up only because the Fed is buying it up to keep up the illusion that all is well. It isn't.
So where do these people put their dough? In things. real things. Commodities. While the currencies may depreciate....a bushel of corn is still what it is. Now it is being measured by something of less value (like the $) so it looks like it is gaining value. The problem is that the $$ and all paper is losing value. These folks (and governments) are putting their money in Gold, silver and other precious metals. Again....just to store their value as the paper standard dies. Gee, since 2001 (10 years ago) the $ has lost 83% of its value to purchase Gold. So between increased demand, and supply issues, and currencies (which we are measuring price) devaluing, all this stuff is going up (including oil which is a huge cost componet of production) .
I don't think it will be getting any better in the future. Yeah the whole food system is mucked up. Think i'll go out and buy some corn...
my best,
Jim
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