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Old 02-23-2010, 03:14 AM   #1
FullyAwake
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Default World’s most powerful investors told to buy farmland and gold

http://business.timesonline.co.uk/to...cle7035913.ece
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Old 02-23-2010, 08:27 AM   #2
Steve_A
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Default Re: World’s most powerful investors told to buy farmland and gold

Hi FullyAwake,

This is uncanny as I said the very exact thing to a friend of mine last night here in Brazil. He thought I was being too pessimistic, but then he doesn't really know what's going on in the world as he doesn't understand English and the internet in Portuguese is a joke, so he is looking at the world through rose coloured glasses as Brazil is passing through a positive period in its' history.

It seems that Faber and I are thinking the same, only I went a step futher because I said that Europe will end up fighting with someone also as eventually when the financials go under the governments will need a distraction for the people.

I also said that Brazil would need to look out as it has the largest underground water deposits on the planet and when consumption gets too high in these developed countries they would either need to invade countries to get more resources or kill off people so that there would be enough to go around for the survivors.

He didn't say much.

Best regards,

Steve

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Old 02-23-2010, 09:44 AM   #3
Wormhole
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Default Re: World’s most powerful investors told to buy farmland and gold

This is basic and reality based thinking Steve. Many times it's not about reading the future... but the future economics of a nation. I am lucky to be in Canada, but even that is not limitless...

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Old 02-23-2010, 11:01 AM   #4
K626
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Default Re: World’s most powerful investors told to buy farmland and gold

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Originally Posted by Wormhole View Post
This is basic and reality based thinking Steve. Many times it's not about reading the future... but the future economics of a nation. I am lucky to be in Canada, but even that is not limitless...

Peace of mind, Strength of Heart,
Wormhole
I have a friend in Canada...Is British Columbia any good?
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Old 02-23-2010, 02:07 PM   #5
Swanny
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Default Re: World’s most powerful investors told to buy farmland and gold

If I had any money I'd buy a boat
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Old 02-23-2010, 02:16 PM   #6
micjer
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Default Re: World’s most powerful investors told to buy farmland and gold

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Originally Posted by K626 View Post
I have a friend in Canada...Is British Columbia any good?
I own a farm in Canada.

To answer your question. There is some very good land in BC but most is too mountainous for farmland.

The Delta area around Vancouver is very fertile. However very very expensive. Urban sprawl has inflated the prices there.

Interior farms are very dry and rely on irragation from the rivers to grow crops. Once again very fertile but desert without man-made systems.

There is an area in the center of BC which is mountain valleys that is the home to many beef cows and their calves. Horses are used to round the cattle up in the fall of the year.


The north east area ( Dawson's Creek) is prairie like and nature looks after the water requirements. They grow grain and oilseeds there but is very cold and short season compared to southern areas.

Hope this helps.
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