Actually gold CAN be a good investment if played right. Buying and holding gold is a dumb move. If you buy low and sell high then you can make money. An old timer told me 20 years ago, When inflation is low and in a state of normalcy gold should be the same value as a mans new suit....$400, and that is when to buy, as soon as it skyrockets due to oil crisis, massive printing of money, or other threat to stable money then sell when you see it go to $800 or higher per ounce. I made money off of a Gold mutual fund after slick willy got in office. Buying gold bullion is not smart IMO cause you will have to sell it (how do you do that) and the risk of theft. If you look at gold in the very long term.....Decades actually gold has done poorly.
That old timer if he is still alive is in his mid 90s. He taught me a few things. The best way to make money on an investment is for it to pay dividends........Buying gold bars wont do this. But.......many stocks do.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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