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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (59041)	4/21/2006 6:12:41 PM
From: shades	Read Replies (1) \| Respond to of 110194

I'm seriously considering an investment in farmland right now (any reco's from boardsters would be appreciated by the way....) My 12 million bond friend bought some farm land in ga and got some mexicans working it for him living there - they brought some goats from mexico - say if things get real bad - goats much better than cows - goats can eat anything. He said he is not gonna starve through a world war or depression - HAHA! What a crazy guy. They are growing sweet potato, carrots, chickens, has a fish pond too. I am thinking if things gets that bad - how is he gonna stop the government snipers from taking his output?

To: patron_anejo_por_favor who wrote (59041)	4/21/2006 7:02:42 PM
From: bond_bubble	Read Replies (5) \| Respond to of 110194

The US govt has created a false economy where in the financial job involves giving printed money to OPEC and getting oil. So far, the OPEC is buying into this. Because of this, the farmer is able to make produce at a cheaper price. Cheaper price here means that - the financial job salary is much much higher than the food price. Once the financial person is not able to sell the papers for oil, his salary has to be significantly low compared to the food price (i.e food price rises)!! In such a scenario, it will be better for the financial guy to work like a cattle pulling the plowing equipment in field than to work as a financial person!! That is what is happening when oil prices increases!! i.e the govt supported industry is losing the productivity and they are starting to eat into the productive economy and hoping that the productive economy will sell stuff at the same price!! This resistance to slavery is what gives rise to the fascism etc. well, I dont want to get into the politics - but the economics. I dont know if land is a good investment either in deflation. 5 acre is good enough. 500 acres is probably too much than you can chew .......... Better investment is to short land - if you can do such a thing...

To: patron_anejo_por_favor who wrote (59041)	4/22/2006 9:54:38 AM
From: Oblomov	Read Replies (2) \| Respond to of 110194

Farmland prices have gone up markedly in the last few years along with other hard assets. They may even be somewhat of a bubble in a few places, simply because of a surfeit of investors looking for a place to park their money. The value of farmland comes down to the long-term available yield per acre and the location. I suggest doing extensive research before making a purchase. Once you have learned the basics, there is much information at county ag extension offices on soil quality, irrigation, yields, and sales prices. Also, are you familiar with Jack Lessinger and his idea of a post-consumerist Penturban economy? Some of his predictions regarding social trends are similar to those of Kunstler, though his vision is much less cataclysmic, animated more by possibilities than limits... predicting2020.com