I believe one should NOT put all his eggs in one basket so gold, just like silver or stocks and bonds and mutual funds etc etc should only be part of a diversified portfolio. There's no harm in investing in gold or other precious metals as a hedge just like there's no harm in investing in stocks or bonds or mutual funds.
Some like Gold or silver or other precious metals as an investment AND THATS THEIR FREE CHOICE AND RIGHT while others may instead prefer stocks or bonds or mutual funds AND THATS THEIR FREE CHOICE AND RIGHT.
There are some who don't consider stocks as a good investment and some who don't consider Gold as a good investment TO EACH THEIR OWN
I've personally done quite well with a diversified investment plan. I've had some great gains in precious metals, a few stocks, and likewise done well with Mutual Funds BUT NO WAY ID PUT IT ALL IN GOLD OR STOCKS
NOW THATS WHAT ID CONSIDER A BAD INVESTMENT, HAVING ALL YOUR EGGS IN ONE BASKET, REGARDLESS IF GOLD OR STOCKS OR BONDS ETC.
As I always say DO NOT RELY ON ADVICE FROM LAY PERSONS ON A TRACTOR FORUM, but consult local trained competent PROFESSIONALS for legal or investment advice. If you want to make an investment and risk money based on the opinion of one person here (including yours truly) GOOD LUCK
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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