Your arguement here doesn't make sense. True, gold is a commodity, but it's value simply as a metal, strategic or not, has a miniscule global industrial footprint in comparison to it's massive monetary footprint. If it's simply strategic or industrial, why do central banks worldwide store it? And why does the USA have the largest stockpile in the world at 8000 tons? They don't keep nearly that much oil by comarison, which would be a much more important commodity compared to gold's industrial uses. It's largest stragetic value is as a reserve of money. Commodity? Yes, but the commodity of choice for storage of wealth for 5000 years of market transactions. You should read about the history of paper currencies sometime. And I don't mean just the dollar. Read about the continentals or the French assignats, or a number of others.
Obviously we could go on about this stuff forever, but I will get down off my soapbox now. The government won't confisticate my gold until they come to my house and figure out where I buried it, lol. I wish I had a solid gold tractor. I could be happy the rest of my days with one of those. :)
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.
