Posted by Dick2 on February 25, 2014 at 09:36:16 from (174.17.226.45):
In Reply to: Buying Silver? posted by DaninKansas on February 25, 2014 at 08:09:20:
I still remember the last silver "boom" when a lot of people jumped in and lost a bundle. A couple of bachelor brothers near the farm bought silver bars when the price was high. They stored them in a safe deposit box at the bank, but when the price of silver fell way down, they took the silver bars home and used them as door stops!
I think that silver has not reached bottom yet, so if you plan to make money on silver, be very careful.
I'm still kicking myself that I didn't buy gold when it was $270 an ounce and sold it again when it hit $1700 an ounce. I told my doctor at the time that he should buy the $270/ounce gold; if he did, he would have made a lot of money.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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