Investing in precious metals 101

Tag Archives: Grain

  • Blog
    © Scott Griessel | Dreamstime.com

    The U.S. Drought Is Hitting Harder Than Most Realize

    Repercussions are everywhere
    by Chris Martenson

    Thursday, August 30, 2012, 12:02 AM

    6

    This is an important update on the U.S. drought of 2012, the combined record-setting July land temperatures, and their impact on food prices, water availability, energy, and even U.S. GDP. 

    Even though the mainstream media seems to have lost some interest in the drought, we should keep it front and center in our minds, as it has already led to sharply higher grain prices, increased gasoline costs (via the pass-through of higher ethanol costs), impeded oil and gas drilling activity in some areas (due to a lack of water), caused the shutdown of a few operating electricity plants, temporarily reduced red meat prices (but will also make them climb sharply later) as cattle are dumped on feed- and pasture-management concerns, and blocked and/or reduced shipping on the Mississippi River.  All this and there's also a strong chance that today's drought will negatively impact next year's winter wheat harvest, unless a lot of rain starts falling soon.

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  • Blog
    © Gunter Hofer | Dreamstime.com

    The New Endangered Species: Liquidity & Reliable Income Streams

    Prepare for a shift in what 'value' means
    by charleshughsmith

    Tuesday, August 28, 2012, 3:05 PM

    0

    The causal relationship between scarcity, demand, and price is intuitive.  Whatever is scarce and in demand will rise in price to its cost basis; whatever is abundant and in low demand will decline in price.

    The corollary is somewhat less intuitive, but still solidly sensible: the cure for high prices is high prices, meaning that as the price of a commodity or service reaches a threshold of affordability/pain, suppliers and consumers will seek out alternatives or modify their behaviors to lower consumption.

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  • Blog

    Daily Digest 2/23 – States Seek Ways To Solve Budget Woes, Debt Relief In Egypt?, The Rising Cost Of Everything

    by saxplayer00o1

    Wednesday, February 23, 2011, 3:48 PM

    0
    • California Fees Boost Traffic Fines To Aid Budget
    • Detroit Ordered to Close Half Its Public Schools Amid Budget Crisis
    • States Ignored Warnings On Unemployment Insurance
    • Wisconsin Governor Warns Of Layoffs
    • Portugal’s Debt D-Day Nears
    • Russia May Extend Grain Export Ban: Minister
    • Wisconsin Labor Fight Spreads to Ohio, Oklahoma and Indiana
    • Gaddafi orders oil sabotage, source tells Time columnist
    • Treasury Tools Less Effective as Debt Limit Nears
    • Egypt Seeking Debt Relief From European Union
    • “I Won’t Pay” Movement Grips Debt-Ridden Greece
    • Uninsured’s Numbers Surge During Recession
    • NWS Could Be Cut
    • VF Corp To Raise Prices
    • Big Airlines Try To Raise Fares Again
    • Hormel Raising Prices
    • Cost Of … Everything … About To Go Up
    • Parking Prices Going Up With New Meters
    • Beachgoers burning mad over looming parking fees
    • Major Fee Increase Proposed For DMV Business
    • Brazil Central Bank Sold $848.2M In Reverse Swap Contracts
    • Adams ‘Dismisses’ Irish IMF Obligations
    • Seafood Sellers Say Prices Are on the Rise

    Crash Course DVDThe Special Edition DVD, in a unique 3-disc format with presenter’s pack to guide live showings. (NTSC or PAL)

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  • Blog

    Woodworking

    by bklement

    Tuesday, January 18, 2011, 5:59 PM

    0

    I grew up in a house in rural central Wisconsin that didn’t have central air. My father started woodworking when he was a teenager in his parents’ basement. So after he moved out and got married, he started acquiring the tools for his own woodworking shop that resided in the basement. My father has been building furniture and cabinets for people for as long as I can remember. My mother is a wood carver who has won several awards at the International Woodcarver’s Congress. So to avoid the heat on those hot summer days, I headed down to the cool basement and there started on my woodworking education. 

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