Posted by MarkB_MI on January 01, 2015 at 04:46:41 from (70.194.10.67):
One year ago I compared how two investment strategies fared in the years since the 2008 financial crisis: "Guns 'n' Gold" versus the stock market. The stock market won hands down in the period from January 2009 through December 2013. So how did these investment strategies work in 2014?
Guns: I use the Bushmaster "Patrolman's Carbine", a CAR-15 clone as my benchmark. One year ago these were selling for 800 bucks at the local Dunham's sporting goods chain. Today you can get them for $700. Guns didn't do well as an investment in 2014.
Gold: The London price fix for gold on January 2, 2014 was $1225/oz. It closed December 30 at $1206. I expected it to be trading at less than $1000, so it did much better than I expected, but it sure didn't make money for anyone who held it all year. (A few speculators probably made money off its wild price swings, but volatility isn't really something you look for in a long-term investment.) Of course at least part of gold's decline was due to the strong dollar; had the Euro not lost ground to the greenback gold might have done a little better. So call it a wash.
Stocks: The benchmark S&P 500 started 2014 at $1832. It closed the year out at $2059. That's a 12 percent gain for the year. Not as big as the previous five years, but a respectable gain nonetheless. Once again the stock market wins.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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