How i know silver has bottomed.
Posted: Fri Jun 03, 2016 5:06 amPosting has slowed to a crawl, indicating guys interest in Ag is at the back of their minds, or they have grown disheartened.
Please don't take offense.
This is merely an observation, and I believe it indicates how one views their Ag purchases, ie, "investment" or "currency insurance".
AND, I also realize that A. there is nothing to "talk" about, and B. the Ag market, (futures) has traded in a band for a while now.
Doc Rodee did point out that we are going lower, which is not out of the question, given that at any time, the duct tape and bailing wire holding the global economy could break. Seeing that NOTHING of any real consequence, policy wise, has been done since the "Lehman moment", the next "Lehman moment" will be twice as severe, and considering the absolutely bizarre nature of this 2016 election cycle, ( as evidenced by what we see, our fellow citizens are just ANGRY, and the two "sides" are filled with latent, and not so latent violence, God only knows what hellish happenings we will see as November draws nearer.) it would not be out of the question to see an equities sell off of 40 to 80%, which will drag every asset class, including PM's down. Then we could see the dreaded "bank holiday".....or a "bail-in" ala Cyprus.......and in the pond, there are too many "black swans" to count.
In short, we all live in the shadow of the Chinese curse, "may you live in interesting times", and if you don't have your stack where you want it.......consider your next move with sobriety, as there is a good chance any "dry powder" not held in hand may be inaccessible, or physical Ag might not be available.
"Wargaming" the future is as murky as canoeing thru "Jurassic World", in short.
last little ante dote: as many of you know, I live on a very rural ridge, on both Wed and Thursday, at 5PM, and the next day at 7PM, I had an unmarked gray C-130, with two large pods (fuel?) do a fast and loud "nape of the neck" hi speed, run, about 100 feet off the deck, right over my place. Of course, it could be a "normal" qual run, meaning there are many military aviation skills that are "perishable skills", requiring regular training exercises, to keep the skill to actually fly a 1,000 km's a hundred feet off the deck at max speed, something an aviator needs to consistently keep that skill set sharp. However it was slightly dismaying that the 130's in question were unmarked, no AF markings, no tail number...nothing.....and I might add, that during the summer of 15, the road thru our county seat of 4,000 souls, saw massive mil convoys headed up to a major training base about 75 km's from where I sit. This could all be REGULAR readiness exercises to maintain unit qualifications, but I never saw anything approaching the levels of activity.....so who knows?
all I know, i'm a tad uneasy, and at personal high alert. "Something" is in the wind, so batten your hatches brothers, rough seas ahead. fondly, n.
Please don't take offense.
This is merely an observation, and I believe it indicates how one views their Ag purchases, ie, "investment" or "currency insurance".
AND, I also realize that A. there is nothing to "talk" about, and B. the Ag market, (futures) has traded in a band for a while now.
Doc Rodee did point out that we are going lower, which is not out of the question, given that at any time, the duct tape and bailing wire holding the global economy could break. Seeing that NOTHING of any real consequence, policy wise, has been done since the "Lehman moment", the next "Lehman moment" will be twice as severe, and considering the absolutely bizarre nature of this 2016 election cycle, ( as evidenced by what we see, our fellow citizens are just ANGRY, and the two "sides" are filled with latent, and not so latent violence, God only knows what hellish happenings we will see as November draws nearer.) it would not be out of the question to see an equities sell off of 40 to 80%, which will drag every asset class, including PM's down. Then we could see the dreaded "bank holiday".....or a "bail-in" ala Cyprus.......and in the pond, there are too many "black swans" to count.
In short, we all live in the shadow of the Chinese curse, "may you live in interesting times", and if you don't have your stack where you want it.......consider your next move with sobriety, as there is a good chance any "dry powder" not held in hand may be inaccessible, or physical Ag might not be available.
"Wargaming" the future is as murky as canoeing thru "Jurassic World", in short.
last little ante dote: as many of you know, I live on a very rural ridge, on both Wed and Thursday, at 5PM, and the next day at 7PM, I had an unmarked gray C-130, with two large pods (fuel?) do a fast and loud "nape of the neck" hi speed, run, about 100 feet off the deck, right over my place. Of course, it could be a "normal" qual run, meaning there are many military aviation skills that are "perishable skills", requiring regular training exercises, to keep the skill to actually fly a 1,000 km's a hundred feet off the deck at max speed, something an aviator needs to consistently keep that skill set sharp. However it was slightly dismaying that the 130's in question were unmarked, no AF markings, no tail number...nothing.....and I might add, that during the summer of 15, the road thru our county seat of 4,000 souls, saw massive mil convoys headed up to a major training base about 75 km's from where I sit. This could all be REGULAR readiness exercises to maintain unit qualifications, but I never saw anything approaching the levels of activity.....so who knows?
all I know, i'm a tad uneasy, and at personal high alert. "Something" is in the wind, so batten your hatches brothers, rough seas ahead. fondly, n.
