Back in 1913 when the Federal Reserve stated printing Federal Reserve Notes which are mistakenly called Greenbacks or Dollars these days, a person could take 20 of the Notes into a bank and you could get 1 ounce of Gold for the 20 notes.Today it takes 1300+ of the Federal Reserve Notes to buy a 1 ounce Golden Eagle or comparable coin.That means the Federal Reserve Notes in 100 years have lost 98% of their value against Gold.So which has been the better to own over the long haul?Even in 1971 the offical price of Gold was only $35 so the so called US Dollar has declined in value at a very fast rate.In 07 Gold was around $700 an ounce and the Stock market was about where it is today while Gold has about doubled in value even with the latest drop.Hope you got a wood stove at least paper currency can used to start a fire but it makes lousy toilet paper.Or worse yet digital Dollars like is in the bank where they can be just wiped out like in Cyprus.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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