I have a pretty good amount of Gold and Silver coins like the American Eagle,easily identified and Gov't issued plus they sell as close to spot price as any coins.I don't look at my Gold and Silver as an investment but as an insurance policy I hope I never need.All paper money will fail at some point,always has and historically Gold and Silver are what people revert back to for money.With the US Gov't 21 Trillion$ in the hole and no sign of a spending decrease something will have to eventually give in my opinion.I have sold several pieces of farm equipment and was paid in Silver American Eagles,I'll allow the seller what spot price is at the time which can be checked on the Monex website 24 hrs a day.The coins are always worth more than spot price so if that's what the buyer wants to do its fine with me.If they go to a coin shop to sell the coins they won't get as much as spot price so we're both ahead. As the saying goes about different types of money Gold is the money of Royalty. Silver is the money of Gentlemen. Paper is the money of Fools. Credit is the money of Slaves.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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