Posted by dhermesc on December 04, 2012 at 09:49:31 from (24.248.193.103):
In Reply to: In a Quandry. posted by Dalet on December 03, 2012 at 18:06:35:
I'd buy silver and keep a healthy reserve of cash.
Right now land is too high priced, couple that with higher interest rates that will come and it will look like the late 1970s early 1980s all over again. Equipment will go the same way - especially used equipment. High interest will drive down the price making it a buyers market for people with cash.
The other problem with land is property taxes. Most states value property taxes based on production value rather than market value. With states getting tax hungry to cover their exploding unfunded pensions you can count on that ending. Who do you think state legislators are going to listen to - a small contengent of farmers or the unions that decide if you keep your office.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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