Re: IOWA FARMLAND in GRAVE danger
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Why has farmland become such a joke? Who on this forums has the balls to short it right now? Regardless of your disdain for booms, going against farmland would be a worse decision than entering shorts into tech in the late '90s -- you'll lose your all your funds before you are finally right. All of the people who cleaned up in 2001 simply got lucky that Nasdaq didn't go to 10k and last another 3 year like it did for the earlier topcallers.
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my post was a jab at fishhead and the approach he took to introduce iowa farmland. farmland isn't going anywhere. global demand for biofuels is only one aspect of it.
there is only a limited number of acres and only a certain amount of stuff can be planted on them. be it corn for food or fuel, grains, or cattle, 1 acre of land is just 1 acre of land, productivity increases accounted for.
Barron
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