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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (44988)	11/13/1999 10:35:00 PM
From: Casaubon	Respond to of 116753

Now let me paint a different picture of Farmer Barrick. Farmer Barrick knows that food production is the single most important industry on the planet. For without Farmer Barrick continued production everyone would go hungry and die. Therefore Farmer Barrick being the conscientious, responsible individual he is want to be, decides to think through his routine to come up with efficient processess and plans to smooth out the variability of his production. He does this by financing to build grain silos, so he can store his production from good harvest years, to be consumed in poor harvest years. Without the grain silos, Farmer Barrick knows many will go hungry in the lean years and the resultant loss in life might actually threaten the very existence of the farm. Farmer Barrick is no tycoon, so to afford the grain silos, he makes an arrangement with the bank who holds the mortgage on the farm. Farmer Barrick promises a portion of his production for a number of years to collaterilize his loan, and builds those grain silos. Then the inevitable happens. The lean years come. Farmer Barrick weathers the lean years better than some of the other Farmers, because he was somewhat learned and experienced in the ways of bankers. Then one day Farmer Barrick notices some of the other Farmers might be able to get better prices for their new crops. Farmer Barrick smiles to himself and says, "I did well. I saved the farm. Soon I will enjoy higher prices too. And if that day is not so soon, at least I will always be able to continue providing food to my customers." Farmer Barrick read a lot of Aesop's fables when he was growing up, and learned, "A bird in the hand is worth two in the bush."