Through the miracle of Google, it appears the price of gold in 1975 was about $150 per ounce.
Main problem with land investment nowdays is you have to have so much capital to buy a "unit", of whatever size. I would think gold (or even better, silver) would be good, compared to the stock market or (shudder) savings accounts or CDs, assuming you can't put together enough $$ to buy land. Should be noted that an investment in real estate in 2005-2007 would have been disastrous, compared to almost anything else. Who'da thunk it.
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Today's Featured Article - History of the Nuffield Tractor: Conclusion - by Anthony West. In the last piece I mentioned that Nuffield had reached the stage where they had chosen to drop the "Universal" from production. The two new models were given three figure numbers, instead of "three" and "four". Model numbers were introduced to help farmers and dealers instantly recognize the engine size and horsepower of the tractor, the 4/60 had a four cylinder diesel engine which developed 60 bhp at 2,000 rpm. The 3/42 had a 3 cylinder diesel engine which produced 42 bhp at 2,000 rpm. Th
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