Ontario Agriculture

The network for agriculture in Ontario, Canada

Dump your US dollar.

We have all heard of Wikyleaks, at the moment the US, UK, and yes Canadian Primister are trying to shut the site down. Why it has nothing to do with a film showing children and reporters been shown shot by helicopter pilots.

It has to do with Bank of Americia.  When I tell you this all those people who know people that have had their farms foreclosed, property taken from the bank. They had no right to, because the Bank sold the loans to a third party, yet foreclosed on the loan and jacked up the interest rate. Under UCC unversal commersal code, you cannot sell something you don't own or with out a proof of debtness if you have sold it to someone else.

So who did they sell the loans to, answer pension funds, overseas countries. Anyone who had the money to buy. I know the Australian Public Service Pension fund was one who bought these loans. So in other words the bank stole of both the home owner and the invester. Then got bailed out, by the tax payer. With fall knowledge of the US regulators. Now here is the bad news if the bank of America was doing it, this means every bank was. So this means they can be sued by anyone that has been foreclosed and the investors that buy the loans. And they will. We can only imagine what bail out mark two will do to the US dollar.

It gets better, this is for home foreclosures, lets look at credit card debt, car loans and any other loans, have they been sold too?  You bet your ass they have.  And why is China and Russian buying gold and silver, the reason the US dollar will be debased. I am no ecommionist, that gets paid to lie. But for those people who have investments, I would think very hard in what to do.

 

Views: 222

▶ Reply to This

Replies to This Discussion

Permalink Reply by OntAG Admin on January 8, 2011 at 11:12am

So Bristow,

I am not as concerned at you are with the demise of the American economy and dollar...I do think they have their challenges.

What do think the USD will trade in terms of the Canadian dollar this year?

That is more relevant to me.

Take care,

 

Joe Dales

 

.

Permalink Reply by Bristow on January 8, 2011 at 1:09pm

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

Permalink Reply by bert on January 9, 2011 at 4:50am

 Glad to see somebody to day in canada understands that money is today backed by debt obligation and not always gold.

Also ask yourself were is the Canadian  gold reserve held
, Toronto, Montreal, were? Is there enough gold there if there was a run on it  or would you have to wait till it was shipped in from offshore? 
Bristow said:

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

Permalink Reply by Bristow on January 9, 2011 at 4:58am

You will find their is no gold, UK sold theirs about three years ago, Australia I think 1996 under Howard. The US alot to China which found some of it debased the old lead center. You ask why simple it leaves the government nothing to fall back on.



bert said:

 Glad to see somebody to day in canada understands that money is today backed by debt obligation and not always gold.

Also ask yourself were is the Canadian  gold reserve held
, Toronto, Montreal, were? Is there enough gold there if there was a run on it  or would you have to wait till it was shipped in from offshore? 
Bristow said:

That depends on how much gold Canada has in reserves to base their currency on. Because as you know if no one wants pieces of paper without backing. At the moment world currency is based on the US green back. It has put more debt on that. The Euro the same. You can get plenty of debt to make money German did that after WW1. Its called run away inflation.  Why would you sell to a country when all you get back is IOUs, with the backing of debt. You will get your money if and when the people can work it off, in government jobs that produce nothing. Yet at the same time destroy the industry that creates wealth.

The system the bankers have set up, has been design to fail, for the chip and one world currency based on the work performed, not the worth of product produced.

The process is called make the problem and we will give you the answer and by the way you can't do this and have that.

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Map: Prairie Dryness, Drought Little Changed in May

Abnormal dryness and drought across Western Canada were little changed in May compared to a month earlier. The latest monthly update of the Canadian drought monitor shows 19% of Prairie agricultural lands were being impacted by abnormally dry or drought conditions as of the end of May. That is 2 points higher than the end of April but slightly below 21% at the end of March and sharply below 47% in February. Much of the Prairie Region received below to well below normal precipitation in May, with the Peace Region, south-central Saskatchewan, and southern Manitoba recording less than 25% of normal. On the last day of the month, however, a large storm system in Alberta produced 40 to 80 mm of precipitation alone. In east-central Alberta up to 300% of normal monthly precipitation fell in the one day. Significant rainfall was also recorded in western regions of Saskatchewan but at lower levels than in eastern Alberta, the monitor said. Temperatures were generally below normal across

U.S. Soybean Ending Stocks Steady

U.S. soybean ending stocks – both old and new-crop - were left unchanged in USDA’s June supply-demand update on Thursday. For 2026-27, USDA made no changes to the U.S. soybean balance sheet this month. Estimated production remained at 4.435 billion bu, up 173 million from 2025-26, while the crush was held at 2.75 billion bu and exports at 1.63 billion. With no changes, forecasted 2026-27 U.S. soybean ending stocks were left steady from May at 310 million, modestly below the average trade guess of 314 million bu. The USDA also kept the 2026-27 season-average farm price unchanged at $11.40/bu, up from the 2025-26 estimate of $10.40. For old-crop 2025-26 soybeans, the USDA raised crush by 20 million bu, citing stronger soybean meal exports and domestic meal use, while soybean oil use for biofuel was also increased. However, exports were lowered by 20 million bushels based on available U.S. Census data, offsetting the increase in crush and leaving ending stocks unchanged at 340 mi

Only Modest Adjustments for Old-, New-Crop U.S. Corn

The USDA left its 2026-27 U.S. corn outlook virtually unchanged this month, with the only supply-side change a 3 million-bu increase tied to a higher import forecast carried in from the old-crop balance sheet. In its June supply-demand update on Thursday, USDA left 2026-27 U.S. corn production unchanged at 15.995 billion bu, while all major demand categories were also steady. Feed and residual use was held at 6.1 billion bu, food, seed and industrial use at 6.955 billion, including 5.6 billion for ethanol, and exports at 3.15 billion. With no change in use, the small increase in 2026-27 beginning supplies carried directly into ending stocks, which were raised 3 million bu from May to 1.96 billion, slightly above the average pre-report trade guess of 1.942 billion. The season-average farm price was unchanged at $4.40/bu. Corn futures were trading about 7-8 cents/bu lower this afternoon, following the report’s noon hour EST release. For old-crop 2025-26, USDA also made only mo

Don’t miss June 12 deadline: Share your feedback on the Beef Cattle Code of Practice

Public comment period nearing close on proposed updates to national beef cattle care standards.The Beef Code outlines expected and recommended animal care practices for beef cattle. The public comment period is an opportunity for anyone who has an interest in how beef cattle are raised in Canada, including consumers, veterinarians, food service professionals, and producers, to review the draft content and share feedback. Feedback gathered through the public comment period is critical and helps determine the content of the final document. Strong producer feedback from all regions of Canada is an important step in this process. The Beef Code is meant to drive continuous improvement in animal welfare and is built to be scientifically informed, practical, and reflect societal expectations for responsible farm animal care. The Code uses an outcome-based approach that focuses on achieving successful standards while allowing for flexibility in how these outcomes are met rather than dictati

From the Government Desk: ABP keeping up momentum

Spring is always one of the best times of year in this business. Calving is underway, seed is going into the ground, and there’s a sense of momentum heading into the grazing season. This year, that momentum also includes a few policy wins worth noting. Strychnine is back in 2026! After its approval was pulled in 2023, producers have been searching for a useful option to control infestations of Richardson’s ground squirrel. If you’re impacted, you’ll know why this is a meaningful development. The rollout is still underway, with initial access expected toward the end of May. For some, that timing will miss the most effective spring window, which is frustrating. There is expected to be another opportunity later in the summer, but it won’t fully replace what many producers were hoping for this spring. That said, getting this approval across the line was no small task. This was very much an Alberta-led effort, with strong collaboration between cropping groups and ABP to build the case. A

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service