Re: algorithmic/HFT-comp... - Webgogs
in response to
by
posted on
Apr 21, 2013 02:33PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
2 years later I hear the big guys say people should buy farm land! The video pretty much spells out exactly what I've been thinking and doing. Our little farm has accreted $60G since I wrote about buying a farm. Buying physical assets like rental units works if you're not in a bubble zone. I know that a lot of investors didn't listen because they didn't want to be hands on with their investments. That's even more true if you have a very large pool of cash or lack experience in these areas. One thing people can consider is pooled agri investments. Take the debt on in return for the land itself. People forget 1973. It wans't just OPEC. That's when they started to sow the seeds of destruction of the small farmer by enticing them into large loans and in many cases forcing them into it by threatening to call in existing loans. We all remember what happened to interest rates heading into the 80's.
The next and historically final fiasco will be the bondsmen herding. I have no doubt that the money changers have a plan to complete the wealth transfer this decade.