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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.44+0.6%Dec 12 4:00 PM EST

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To: TobagoJack who wrote (84259)12/9/2011 6:54:31 PM
From: Snowshoe   of 218485
 
>>For the first time in 25 years, Minnesota farmer Dean Tofteland has missed his deadline to buy seed for next spring's corn and soybean crops. With $200,000 of his money yet to be returned from the accounts of MF Global, his former broker, the 49-year-old farmer has missed a $5,000 discount for early buyers...<<

Been hearing for years about individual farmers using futures, and I always thought "futures are a great way to make a small fortune (out of a large one!)". So I'm not too surprised to see the provincials getting burned by the big city boyz.

If we're really lucky, the great unwinding will continue for another 10-15 years. If unlucky, it will happen a lot faster! :o)
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