Posted by JD Seller on March 31, 2014 at 05:27:43 from (208.126.196.144):
In Reply to: Re: OT--GOLD Investment? posted by Traditional Farmer on March 31, 2014 at 04:57:15:
I did not say gold had lost against the dollar. What I was meaning if you had invested in mutual funds or other stocks you would have much more money even after you adjust for inflation and the devaluing of the dollar.
That is counting the stock crash of 1929 and the 2008 down turn.
Gold just holds value it does not "gain" value very well. The "high" value of gold per ounce today is just a reflection of the drop in the value of the dollar. It is not a good indicator of the increase in the real value of gold.
Buy what you want but NEVER put all your eggs in one basket. If you want precious metals as part of your portfolio that is great. Just don't go to all gold. Buy some gold and silver but also have some other investments. Land and stocks (mutual funds) are my choice.
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.
