I have good news and bad news! The good news is I bought another farm yay 😀 The bad news is I have to find a way to raise another $25,000 by the end of July for the down payment or I lose my $17,250 deposit forever (O_O) Would anyone be interested to buy some short term, securitized… Read More »
The Pew Research Center released an interesting study recently. They looked at the change in average net worth in the US during the economic recovery from 2009 to 2011 and found out that despite America’s households growing their net worth by 14% during this time, the vast majority of Americans actually saw declines to their wealth. This is… Read More »
The Arctic Landscape Silver Coin Earlier this month I purchased the Canada’s Arctic Landscape 2013 Fine Silver coin. It’s a 1 kilogram (2.2lb) 99.99% silver coin made by the Royal Canadian Mint. It can be bought either on the mint.ca directly, or through one of their third party vendors world wide. Either way, you can expect to pay $2,249.95 CAD. … Read More »
Hope everyone is having a great weekend. Let’s look at some business and economic news we should care about. Snail Mail Slowing Down – Canada Post made $127M in profit last year but the amount of shipments have been declining. I hope they can find new ways to make money. This company employs about 71,000 workers in Canada… Read More »
Commodity prices are low and resource companies in Canada have lost quite a bit of value recently. But did the world really change that much since March to warrant such a huge sell off? Maybe, I don’t know. The price of gold dropped like a sack of potatoes last week. But even at $1400 per ounce, gold production… Read More »
Earlier this week Farm Credit Canada, the leading agriculture lender, released their farmland prices report for spring of 2013. FCC appraisers estimate market value using recent comparable sales. These sales must be arm’s-length transactions. Here’s a summary of the report. During the second half of 2012 Quebec experienced the highest average increase at 19.4%. Saskatchewan, where my farm is located,… Read More »