Author Topic: Why is George Soros selling gold and buying farmland?  (Read 1213 times)

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Offline CG6468

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Why is George Soros selling gold and buying farmland?
« on: August 15, 2011, 12:52:31 PM »
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Why is George Soros selling gold and buying farmland?

Sunday, August 14, 2011
by Mike Adams, the Health Ranger
Editor of NaturalNews.com
   
(NaturalNews) Food prices are skyrocketing all across the globe, and there's no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher (in contrast to a weakening currency). As the dollar drops in value due to runaway money printing at the Federal Reserve, the cost to import foods from other nations looks to double in just the next two years -- and possibly every two years thereafter.

That's probably why investors around the globe are flocking to farmland as the new growth industry. "Investors are pouring into farmland in the U.S. and parts of Europe, Latin America and Africa as global food prices soar," reports Bloomberg magazine (http://www.bloomberg.com/news/2011-...). "A fund controlled by George Soros, the billionaire hedge-fund manager, owns 23.4 percent of South American farmland venture Adecoagro SA."

Jim Rogers is also quoted in the same story, saying, "I have frequently told people that one of the best investments in the world will be farmland."

That's because demand for food is accelerating even as radical climate changes, a loss of fossil water supplies, and the failure of genetically engineered crops is actually reducing food yields around the globe. Ceres Partners, which invests in farmland, has produced astonishing 16 percent annual returns since its launch in 2008. And this is during a depressed economy when most other industries are showing losses.

He does have the natural fertilizer
Illinois, south of the gun controllers in Chi town

Offline DumbAss Tanker

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Re: Why is George Soros selling gold and buying farmland?
« Reply #1 on: August 15, 2011, 01:07:15 PM »
That old sack of medical waste will never live long enough to profit from it, and if times became desperate before the Reaper takes him to Hell, the last thing any South American government would worry about would be the property rights of some ancient Eastern European with one foot in the grave and the other on a banana peel.
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

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Offline CG6468

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Re: Why is George Soros selling gold and buying farmland?
« Reply #2 on: August 15, 2011, 01:13:34 PM »
That old sack of medical waste will never live long enough to profit from it, and if times became desperate before the Reaper takes him to Hell, the last thing any South American government would worry about would be the property rights of some ancient Eastern European with one foot in the grave and the other on a banana peel.

Very well put!
Illinois, south of the gun controllers in Chi town

Offline mamacags

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Re: Why is George Soros selling gold and buying farmland?
« Reply #3 on: August 15, 2011, 05:17:02 PM »
Probably to help out the new nazis build concentration camps.  He did so much to help them last time he figures why not give it another go.
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