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["Lynn Wigglesworth" <lynnw1366 AT hotmail.com>]

Bob; sorry, but I can't rouse myself to care. Commodity farmers are part of 
'the system'. They gambled with their livelihood, and they are losing. Their 
loss is my gain....local food should start looking really good. Commodity 
farmers get a bailout every year...it's the only thing that keeps them in 
business (and why I can't compete...no bailout for me).

Lynn Wigglesworth

----- Original Message ----- 
From: "bob ford" <bobford79 AT yahoo.com>
To: <homestead AT lists.ibiblio.org>
Sent: Friday, December 12, 2008 3:41 PM
Subject: Re: [Homestead] Homesteading as an Economic Basis


> Lynn I'm posting a few sentences from a highly followed commodities funds 
> trader.  Ignore the trade talk.  Just pay attention to 'why" he is going 
> to be loading up on more commodity ETFs.  The 'why' is what could prove a 
> very big deal next year, if he is correct.  This guy is not a 'doomsday'
> survivalist type; just a very successful trader who does his reasearch. 
> Pay attention to what he says will happen to thew farmers.  Guess who will 
> be nedding a bail-out, next year.............
>
> ----------------------------------------------------------------
>
> "I still hld in my longterm XXX and XXX,both under water but will add to 
> them in February to both.However when the dollar falls both commodities 
> will rise
> before Febrry somewhat but the real rise comes after ,poor planting,no 
> credit for fertilizers and seeds plus shortages of propane in the corn 
> growing areas.Farmers ,who sold wheat in the futures for ten dollars a 
> bushel,are still
> waiting for settlements and probably won't see a dime, only the ashes of 
> trading houses and hedge funds"
>
>
> --- On Fri, 12/12/08, Lynn Wigglesworth <lynnw1366 AT hotmail.com> wrote:
>
>
>
>
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