Ted, if you think anything I've stated is incorrect, don't beat around the bush. I've tried to stick to easily verifiable facts: London gold prices, the S&P 500 and the Consumer Price Index. Without any specifics, your complaint sounds like sour grapes. I'm sorry if reality doesn't want to cooperate and line up with your preconceived notions.
I have no problems if people want to own gold. It doesn't make much sense to me to be buying the stuff while its price is plummeting any more than it made sense to hold a lot of Deutschmarks in 1923, but that's your business. What I DO have a problem with is when folks here recommend gold as an investment, which is exactly what happened for the Nth time a few days ago.
Sure, there have been plenty of cases of hyperinflation in the past century, but just because it has happened in countries such as Argentina (which issued new currency) and Ecuador (which switched to the US dollar) doesn't mean it will happen in the US anytime soon. In fact, the dollar has proven to be pretty resilient. In the past five years it has weathered the biggest economic crisis since the Great Depression, record-high budget deficits and two attempts in Congress to default on US debt obligations. Sure, another crisis might come along and strike a fatal blow to the greenback, but I can't imagine what that might be.
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 - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [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.
