Back in 1913 when the Federal Reserve stated printing Federal Reserve Notes which are mistakenly called Greenbacks or Dollars these days, a person could take 20 of the Notes into a bank and you could get 1 ounce of Gold for the 20 notes.Today it takes 1300+ of the Federal Reserve Notes to buy a 1 ounce Golden Eagle or comparable coin.That means the Federal Reserve Notes in 100 years have lost 98% of their value against Gold.So which has been the better to own over the long haul?Even in 1971 the offical price of Gold was only $35 so the so called US Dollar has declined in value at a very fast rate.In 07 Gold was around $700 an ounce and the Stock market was about where it is today while Gold has about doubled in value even with the latest drop.Hope you got a wood stove at least paper currency can used to start a fire but it makes lousy toilet paper.Or worse yet digital Dollars like is in the bank where they can be just wiped out like in Cyprus.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
