Posted by kyhayman on December 21, 2011 at 17:00:39 from (99.197.64.56):
In Reply to: OT: Buying Gold posted by George Marsh on December 21, 2011 at 09:17:35:
I try to always do the contrary to what everyone else is doing. To me, now is the peak or up side of the gold cycle. Hence, its time to sell gold, not buy. What does it matter if the greenback becomes worthless? If it does I dont expect gold to be worth any more. Its hard to store, hard to trade, and easy to steal. All the doom and gloom sayers may be right and the end of the world is near, if it is and the dollar fails so will the rest of the worlds economies. Not sure I want to live through the dark ages any how.
Now, as to your question on investments. I dont have any positions in gold. If I did, as a hedge against a new dark age I sure wouldnt have anything other than the physical metal, locked up where I knew where it was and could get to it. I actually told a little lie, I do have a hand full of gold coins locked up in the safety deposit box. Mostly family heirlooms but a few Krugerrands I picked up at a sale.
Personally, I'd a lot rather invest in crude oil. Its a lot more useful.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
