Posted by Traditional Farmer on February 12, 2013 at 05:28:49 from (67.233.72.177):
In Reply to: Re: Land Values posted by buickanddeere on February 11, 2013 at 18:15:15:
The US Dollar is going down and smart people are putting their cash into real/hard assets. In 2007 it took 700 US Dollars to buy an ounce of what all money is measured against GOLD.Now it takes around $1700 US Dollars to buy an ounce of Gold so in terms of real money the US paper curency has dropped to under 1/2 its value since 2007 to now.And with the Fed printing/'creating' over 1 Trilliion$ a year for the foreseeable future the US Dollar will continue is decline.
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Today's Featured Article - It's Alright Where It Is! - by Anthony West. I have a tale of a different kind to tell. Whilst rooting in the hedge bottoms this week I had cause to visit Chapel lane Farm, the home of an eccentric gentleman by the name of Austin Kendall. I had heard rumours that an old Case Model C was languishing away in the back of one of the outbuildings there. So off I went in search of what would turn out to be a very rare and unusual tractor. Mr Kendall is an excitable chap to say the least. He is amongst the last of a dying breed of farmer who
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