1925

why 1925?

Grandpa got a great price for his wheat in 1st qtr of 1925. That was 4 years before the Depression.
Feel sure he would be interested in what we can learn about the market of that time by using the internet to track down sales history.

 

1. Jesse , a farmer's son, played the wheat market with aplomb in 1st qtr 1925. we have his whitewashed story of his trades of that period
2. Dept of Ag identified the players of the wheat market of 1925. ( tb747.pdf ) . Jesse could be Trader 12 in Reference 2-

review follows ..

References

1. https://www.scribd.com/document/4161...riginal-EN-pdf
2. ageconsearch.umn.edu/record/168562?ln=en
3. https://www.mcoscillator.com/learnin...ving_averages/
4. https://www.mcoscillator.com/learnin...ving_averages/

Why is this article here? What do you want to ask about?

Ahhh the ‘20s

or so I am told lol


cocaine (and arsenic) were added to the all the cure-alls, which the snakeoil folk were selling

and maybe in coca cola - if what we read is (ever) true


heroin and pot in all the nightclubs

alcohol was banned of course, with only those in the know making profits

the wonderful speakeasy’s & sly grog houses, where the Charleston was danced by gals with no underwear


and of course wheat, glorious wheat

who can remember the good old days of wheat


pre-GMO and its tasty new additive glycophosphate


they were surely “the days” as Jesse would tell us (/s)

What I mean Jsh is ... was Wall Street any different then from now today


(but wheat ... ahhh then ... arrgh now)

Why 1925? Can you explain?

Its only for my benefit this thread; to collect together texts together ( now and then) that can be cross compared to build a picture of players with different pockets to set a market on fire and watch its collapse back to a backwater. It just happens to be wheat. I've read these 2 texts like a detective story for a winters day, on and off, for some time. There is a bit of similarity to the life of Farmer Digger and my grandfather Farmer Gilles and how they dug themselves out of the trench warfare of vested interests playing with the livelihoods of farming families.

1925 to 2021

If you check the price of second hand vehicles then and now , its about 100 fold greater today, or inflation is 100 times 1925.

So Jesse made $500million of todays money in about 3 months playing the wheat pool players. The game was the wheat market; not much different to dogie/bite/coins of today.

Politicians cant see the light, but they sure feel the heat. Thanks to the government report, too late for anything except to protect themselves, we can see the game in which Jesse smelt out the one key player that used a secondary market to manipulate the wheat market pool to $2 a bushel and then how he smoked him out. But the money was made when the 800 odd Chicago etc momentum following speculators were played by Jesse, the best of the 12 super-players identified in the government report as trader 12. The momo players cried foul as they lost their money, then went to their cocktail party politician mates and caused a stink. Then as the tiny band of super players left the game with their liquidity, the price of wheat kept falling for years as the pool of liquidity shrunk and wheat farming reverted to marginal breakeven, then the farmers caused a stink.

Just like virtual coins, the wheat market was small until the speculators saw how to game the game, and built the liquidity of the pool until they could pump the price per bushel from $1 to $2 per bushel. The market went eventually down to 46 cents a bushel , just enough to keep farmers alive and dependent on bank overdrafts.

Its an ode to my grandfather, nothing more, nothing less. It helps me talk to my grandfather .... " be careful, the super players are buying and selling this audjpy candle and then reversing to make you one of the 800."

The story is hidden in the texts . nothing different between 1925 and 2021.