Loading ...The Boers in South Africa are an amazingly talented and resourceful group of people . The Russians have millions of acres of land on the Steppes that can be farmed by competent people. In 25 years, the Russians will own the wheat world market since it can be grown practically anywhere. Putin is hard at work to expand industry, mining, oil and agriculture in Russia. He has been very careful to exclude foreigners.
It’s the old story of beating swords into plow shares. Then again, the old joke about those that beat their swords in plow shares will plow for those that don’t.
I have been hearing a few rumors of some of the bigger players are beginning to move from stocks to commodities.
About that eurodollar thing, they trade like the old 90 and 180 day tbill contracts. A small move in short term rates will cause a big move in the eurodollar.
rno