Gold & Silver Forum - The Suitcase Farmer

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The Suitcase Farmer

The Suitcase Farmer

by Paul Lamont
April 1, 2009

Quote:

But there have been periods in economic history when farmers and ranchers were considered the big men of the day. As Jim Rogers has stated, in the next decade the farmers (and not the bankers) will be driving the Maseratis.

Quote:

"To begin with, quantities of farmers had lost their farms during the hideous early years of Depression- lost them by reason of debt. These farms had mostly fallen into the hands of banks or insurance companies, or of small-town investors who had held the mortgages on them, or were being held by government bodies for non-payment of taxes, or had been bought in at tax sales (Since Yesterday by Fredrick Lewis Allen)."

more: http://www.safehaven.com/article-13043.htm

Re: The Suitcase Farmer

Interesting article. I've actually met a modern " suitcase farmer". He bought a farm at foreclosure as an investment and now farms it on the weekends, living in Columbus the rest of the week and working as an insurance adjuster. Personally, I think the subsistance farmers have it this time.