Speculating in the commodoties markets is one of the most high risk investments available, it is a far cry from guarunteed profits. Say someone buys an old Tractor in good shape for $1000.00 because he figures he can sell it for $1200.00, he is a speculator, he might get the $1200.00 or maybe $1500.00 or things slow down and he does not sell it at all or gets in a bind for the money and has to sell for $800.00. All commodity trades are basically the same as the tractor deal, to avoid losing your shirt someone else has to want or need contracts you control and be willing to pay your price. That is why all prices in a free market system are ultimately set by supply and demand.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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