When you stop and think about it.... What usage does gold have today? Really? Aside from melting it into gold bars and storing it somewhere? I know it has some commercial uses in electronics. It's used as jewlrey... but I would dare say it's commercial use is not great. So... yeah, having a pile fo gold is usefull to trade IF someone else has the money and need to trade for gold. However, if you're more concerned about keeping the lights on and getting a bite to eat, obtaining US gold reserves is probably not all that high on your priority list. Oil on the other hand... it's kinda still in vogue. Every economy in the world except mabey... zimbabwe (perhaps) is basically built on the use of oil. With no oil it will grind to a halt pretty damn quick. I'm pretty sure that without gold most of us would survive pretty well.
The gold standard died a long time ago. Get over it. That's one thing the brits realized in the 1930's when the pound was at the end of it's reign. Now it's your turn.
...and while 'I' may well be wrong, the 'economists' of the world have a pretty stellar track record of being wrong too. I'm glad I don't listen to many of them.
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Today's Featured Article - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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