I have read alot of posts about gold on here the last few months. Most of what I have read has been wether gold was a good investment. Alot of negative and positive reply's to all these posts. IMO, gold is a commodity, not an inflation hedge. It fluxuates up and down on the market like any other commodity. Common sense should tell you that. As far as investment, what it did yesterday or 30 years ago don't meen diddly. What it will do tomarow or 3 years from now does. Nobody knows that. But what we do know is gold is on a slightly downward trend but price is still higher than it should be. We know that to make money on investment, you have to buy low and sell high. Common sense applies again. The facts should tell you its not a good time to invest. Now the collaps of the dollar is a completely seperate issue. The commodity value of gold is based on a world wide market as about all other commodity's are. If the dollar collapses, the gold is still only worth what it is on the world wide market. The market can still go down. Is it possible to invest in gold and still loose money if the dollar collapses?? Yes it is, if the market is also on a downward trend. The only situation this creates is the money you have invested in gold will not be affected by the collaps of the dollar, but will still be affected by the trend of the market. If anyone don't believe any of this, consult a professional (not a salesman) and they will tell you the same thing. My 2 cents.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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