Just some thoughts here. Gold is an okay investment, but to buy gold coins is not the best way to do it, you may want to buy shares of a precious metals mutual fund or something on that order. A friend of mine comes from a wealthy family, his dad is worth about 10 million dollars, and he has about 30-40 thousand worth of gold bars, not practical but he is wealthy and stores the gold in his home. But paying 15% over the base cost would not be worth it to me. Besides talk to a bank and see if they can redeem gold/silver coins if the entire US economy gets real bad, like food shortages, gasoline goes to $15 bucks a gallon, etc. If it were me I would want silver coins in 1 ounce denomanations, and an ounce of silver is about 25 dollars. And an ounce of gold is 1000 dollars, not real practical to trade with. But I understand your point in that the US greenback is only a piece of paper that is only backed up with a % of gold in the US treausury dept.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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