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Lapel, In | "My thinking is: If the dollar is going to be worth less (have less buying power), I need to not have an abundance of dollars on hand. What to do with them then? "
Who has more dollars than China at the moment ? And what are they doing with them ? Buying everything in sight. Convert any extra cash to something physical. I like the one idea of pushing the purchase of inputs forward.The devaluation of the dollar is only a different form of inflation,except it will not be called that.
Price later has also been a no brainer here locally,especially with all the spores we have run through the combine.Let someone else carry the risk of spoiled grain.Just don't get caught up in pulling the trigger too soon. The roof of my soybean bin looks like it was painted black.
Edited by msb 12/3/2009 11:18
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Devaluations, Denninger
