Look,there will be regulation.I bet that an atmosphere where anything like this will never happen again has already been promised to the rest of the world,and that it will take a very long time for the problems this caused to go away.
Wonder why I can say that with such certainty?Farmers are worth way more than grain speculators.Want to speculate up a couple billion bushel of corn next year?Or would you rather have some billions in the bins?It dont take long to see that a speculator is not necessary.
You are going to go on believing,no matter what anybody says,and a bunch of you will,that you know better.That this stock market deal is where you are going to make a killing.One day your ship will come in.Get rich quick is the "new" way the world runs.Yeah and you will loose everything if you believe that.Way more money is made off of crops by speculators than the people who grow the crops.You think thats fair?You want to live in a world thats a house of cards,all the time.You think you are big shot gambler?Keep on thinking like that and you will be wearing a barrel held up by clothesline rope. Now you think the thing to do is put oil in the same group?Everybody is just going to set here casually while you jump oil and gas stocks up and down at will?The rest of the world wont care a bit when that happens,right?The thing for you to do is say,no thats not the truth,the speculators didnt do it.The news is lying.Prices jumped because demand went down and supply went up.Good luck in getting anybody to believe you.Keep doing it and it will turn into the wild west with speculators swinging in the breeze,could still happen.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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