Posted by Donald Lehman on December 11, 2018 at 12:14:17 from (74.78.242.235):
Didn't want to hijack the thread below about gold and silver investments.
Isn't the value of gold and silver constant? If you buy gold for $600 and ounce and sell it for $1,000 per ounce doesn't that simply mean that your paper dollars are worth 40% less? I know our currency hasn't been on the gold standard for many years, but doesn't the value of the currency change, rather than the value of gold? I mean an ounce of gold is an ounce of gold no matter how big a hand full of paper it takes to but it, right? You don't buy gold and silver as an investment, you buy it as insurance, correct?
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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