Posted by wisbaker on December 21, 2011 at 11:58:19 from (98.125.34.40):
In Reply to: OT: Buying Gold posted by George Marsh on December 21, 2011 at 09:17:35:
Also realize their are other things being paid for when you buy gold coins, jewelery or other gold assets. Basically you pay a comission to buy and a comission to sell, weather it be the coin cost more than what the melt value of the gold was worth or you are paying transaction fees. it's like buying a front loaded fund, the market value may not compare to the price you can sell what you own it for at purchase price.
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Today's Featured Article - Grain Threshing in the Early 40's - by Pat Browning. The setting is rural Wisconsin, halfway between East Troy and Elkhorn, on Hodunk Road, our nation was at war, and I was 6, 7 and 8 years old. George was our "threshing neighbor." He was the one with the threshing machine, a JI Case on steel wheels, and he pulled it to our farm with a JI Case standard tractor also on steel. In those days, steel wheeled implements were common. The roads were general gravel, so the lugs cutting into them wasn't a problem. George would set up the thresher, s
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