socrateazz

How Obama's Budget Will Affect Commodities

Do expect commodity prices to have extreme spikes! Also expect the government to suck wealth out of those spikes causing fewer people to be willing to invest in those areas causing even more extreme commodity spikes. The markets will be trading markets. Probably more like roulette than Poker. Policies will be extreme and fleeting during Obama's term. Obama seems to have beliefs which say belief is more important than facts. Will reality set in? I wonder if we have another Fidel, Sadam, Hugo. Adolf, or what! I guess time will tell. The next twenty years should be interesting if not exciting May God help all deserving!

How Obama's Budget Will Affect Commodities

I know most average folk would not believe this. I am confident most farmers budgets are so close another bad cost to return year would sink them! Why do you think those so called well off farmer need an operating loan in the first place? Most farmers believe in using their own wealth from previous harvests for production costs. Likewise most farmers are not in a position to do such. I view farm programs as bait to keep farmers producing for minimal return. So I am all for dropping them. food shortages will develop anyway! It happened in USSR, China, Cuba and where ever communist policies have been implemented! What makes people think the US would be any different. I know Obama's policies are not communistic! To that I say: LOL