Gold and silver are commodities, not investments. Yes, you can speculate in commodities and make money, but most people do not.
If you had bought gold in 2012 and sold it today, you would have lost about a quarter of your investment. Care to know how much the S&P 500 returned during that same period?
Some folks buy gold as an inflation hedge, but it's a pretty unreliable hedge as the example above shows. Other folks buy gold as a hedge against uncertainty; gold tends to rise when there is uncertainty and/or volatility in the markets or economy.
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Today's Featured Article - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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