Through the miracle of Google, it appears the price of gold in 1975 was about $150 per ounce.
Main problem with land investment nowdays is you have to have so much capital to buy a "unit", of whatever size. I would think gold (or even better, silver) would be good, compared to the stock market or (shudder) savings accounts or CDs, assuming you can't put together enough $$ to buy land. Should be noted that an investment in real estate in 2005-2007 would have been disastrous, compared to almost anything else. Who'da thunk it.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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