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 - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[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.