I think and talk about this subject daily. Inflation and how taxes work is tearing things apart. The government wants to keep the money flowing all the time. Right now it's tough to figure out where to put your money. Obviously being in cash is a terrible place because the buying power is dwindling down as inflation increases but unfortunately you need some money at least to go out and take advantage of any good deals that could possibly pop-up down the road. I try to invest my money in land but it has it's own issues and you always have a nice amount to pay back. Some investors are even claiming the stock market may not do much for the next ten years. I don't think it will be like that but I did warn several people I lived during a time period that in fact the stock market did not grow much for years and told others that could happen again. I'm in my mid forties and have lived through several patterns and anymore can see a lot of things coming before it happens. Land is getting tougher and tougher to buy by the day especially if you are not paying cash. I hate to say it but some cd's right now are paying over 4%. You will see more and more to advantage of this because land is high and around here it rarely comes up for sale.

@Blackearthexcavationandtiling

Жыл бұрын

For sure .. I agree ..... I don't know if the stock markets going to do much though... for the past several years companies haven't done very well, so they just buy their stocks back - cheap interest allowed them to flourish ...but now with cheap money over, and supply chain issues- things could really change ..... I agree land is a good investment - were buying as much as possible- biggest tricks just finding anything to buy

@Fieldman12

Жыл бұрын

@@Blackearthexcavationandtiling Yeah I think it will be at least a couple years before the stock market turns around. I rode the mountain almost to the peak and pulled my money and waiting to reinvest back into stocks once I think it's settled down.

@Blackearthexcavationandtiling

Жыл бұрын

@Fieldman12 to bad we didn't invest in a bunch of bit coin about 3 years ago...

@Fieldman12

Жыл бұрын

@@Blackearthexcavationandtiling Lol! At one time I guess it was good. Now it's a sinking ship.

@Fieldman12

Жыл бұрын

Unfortunately fads can make a person a lot of money if they time things right.

I stumbled across your soil sample analysis video and have been hooked the past couple hours. Being 20 y/o and starting to farm some ground as a first generation farmer has led me to look for honest answers and ideas/opinions from farmers/people outside of my immediate circle. Got to say you’re an incredible source and am loving the videos.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much for the kind words and for watching- sincerely appreciated..... I made a video called why do farmers lime- which has a lot of soil data in it - and I have a couple more videos in that series that will be coming out soon.....thanks again - and best of luck!

Dad started farming in the mid 70s, and got hit hard by the farm crisis. After that he never took on much debt... And never grew the operation much. So here I sit with scale model tractors, a desk job that I get laid off from every few years, and looking for write off opportunities. Oh, and some of the tennants of the family farm are now on YT, Fehrs Farming Organic. How are opportunities in custom farming?

@Blackearthexcavationandtiling

Жыл бұрын

Thank you for the comment for watching.... your the only one who's eluded to this .. sometimes being to conservative puts you out of business, as well as debt can .. all part of a balance.... custom farming is not great - lot of work, and not much profit.... I spoke about the custom service industry some on my other channel

Love the videos. I’m relatively young looking to get into running my own land on the side apart from my regular job. You’re videos give a very realistic look on the state of things. Please keep them coming it’s awesome information.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much .... I sincerely appreciate the kind words

Thanks for the video.

I always enjoy the videos. Keep up the good work. My personal thought is the borrowing and money printing on state and federal level can only increase and if ever allowed to stop or slow down system would implode like a house a cards. I keep thinking it will happen in the near term but printing a few trillion for the rona, Ukraine, monkey pox, etc. is temporarily keeping the ship afloat.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much! Always great to hear from you! And your right - the way it's designed they have to keep printing (sadly)

Hey thanks for the video your explanations are truly insightful and enlightening God bless you good night

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much!

Very informative, thanks. Keep the videos coming

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much!!!

Another great video. A real eye opener. Educating.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much ....

Great info people need to hear this.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much ...appreciate the viewership

Basically since becoming a fiat currency and market, it is completely debt driven to produce new money to grow GDP through new loans for whatever new purchase (home, business, etc) and the only way to grow wealth is by continuing to grow your debt as a debtor through real estate businesses and such..

@Blackearthexcavationandtiling

Жыл бұрын

Yes .. for sure ... it never stops ..... amazing the whole ponzey scheme works as well as it does

Always appreciate the content. Have a good day.

@Blackearthexcavationandtiling

Жыл бұрын

Thanks so much!

Great video! The most frustrating aspect of our farm is the tax burden! What are your thoughts on corn price next fall? We locked just a little at 5.46 just incase, thought about doing some more but that isn't very good considering inputs

@Blackearthexcavationandtiling

Жыл бұрын

Thanks very much! ...... taxes suck - the whole system is designed to keep money flowing ....I think corns going to really increase in price this year yet - spring to summer it'll be over 7$ futures would should bring next year's prices up to the mid $6's .... the market news I received was 6.90 for next year .....and 6.70 for 24 .... drop coming in 2025 though ..... south America is hot and dry now so near term should start to reflect this ........ with 200 bpa corn 5.50 is ok ...but at 160 bpa or less it's not good - but depends upon your needed income levels ... sadly, interest rates will be staying high I think, which will hurt buying ...... I have a lot of market news I should make a video about

@uhohspagettioh97531

Жыл бұрын

@@Blackearthexcavationandtiling great info! That's my weak spot is marketing

Ah inflation wonderful stuff, just keeping the printer running I guess. I always listened to the last 3 words of the Jewish Bible "Grab the Cash". I hate debt personally so I try to avoid it hence the reason my planter is a old 6 row and my big tractor is from 1984 but I don't complain they make me money. I listen to Dave Ramsey quite a bit on the radio and do a lot of things his way financially, but for farmers we are quite the exception we deal with way more money and debt than anyone else in the country.

@Blackearthexcavationandtiling

Жыл бұрын

Good to hear from you! ..... sadly, turning the printers on and walking away are about the only answers left .... the entire design of what's occuring helps the rich and powerful and essentially enslaves the rest of us ..... I need to make another explaining more on this subject....

@kolewiebensohn

Жыл бұрын

@@Blackearthexcavationandtiling Right there will be a collapse like weve never seen coming yet I firmly believe. The paper money will be fire starter when it happens. I like financial stuff actually but hate math lol

@Blackearthexcavationandtiling

Жыл бұрын

@Kole Wiebensohn I actually don't think it will totally collapse ..... when the gold standard ended the Bretton woods agreement was formed, which basically means other country's follow the USD ... which was suppose to be back by gold ... technically we have defaulted this agreement...but if we go down many other countries (under the agreement) go down with us .... right now, there are challenging powers (China and Russia) who would like to tople our currency... there is talk of siezing putins gold ... I think we'll end up in another war before it totally collapses ... and usually wars are based on some form of economic issue .... and it will all start with a radical leader - someone like Gavin Newsom getting in as president ... history usually repeats itself ... sadly, if we didn't win the war, then the America as we know it, will be over (it could actually be worse than now) ..... Hitler rose to power after ww1 - he blamed the economic pressures on the jews and ww1 debts - and we know how that turned out ...scary part is people don't learn from history ....

@kolewiebensohn

Жыл бұрын

@@Blackearthexcavationandtiling History is key, and they are trying to get rid of history but that just leads to it repeating itself. War is looking more interesting but trust me I have enough 2nd amendment stuff that I could fight half the war myself and be just fine lol .

@Blackearthexcavationandtiling

Жыл бұрын

@Kole Wiebensohn lol ...same here! .... and yes they are - makes it easier to take over

Money supply. Stop the Printers

@Blackearthexcavationandtiling

Жыл бұрын

Haha... I was actually thinking the opposite.... they basically went broke on the gold standard, so they swapped to the fiat system... and since they have just printed and printed .... but that's their only answer and the only way it keeps going.... unfortunately it's something that will destroy us in the long term...but they don't have many options .. I personally think it will all blow up in war .....