What would gold do for you? Hmm, you could sell it on the international market for the currency that is predominant and then you would have some true buying power. But then, you surely know more than all the economists, the country of India that just traded dollars for 200 tonnes of gold, China who is buying all the gold they can, and all the hedge fund managers that, too, are buying all they can find. I understand you cannot even find US gold coins, or it is very difficult, as most have all been sold.
In the 1970's we increased the currency base by 13%, brought us 20% interest rates. In the last 12 months we've increased the money supply by 120%, I wonder what that will do to interest rates? The only reason we haven't seen inflation already is the velocity of the currency, it hasn't left the banks yet. Once it does, hyperinflations comes at us like a freight train.
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Today's Featured Article - Tractor Profile: Allis-Chalmers Model G - by Staff. The first Allis-Chalmers Model G was produced in 1948 in Gasden, Alabama, and was designed for vegetable gardeners, small farms and landscape businesses. It is a small compact tractor that came with a complete line of implements especially tailored for its unique design. It featured a rear-mounted Continental N62 four-cylinder engine with a 2-3/8 x 3-1/2 inch bore and stroke. The rear-mounted engine provided traction for the rear wheels while at the same time gave the tractor operator a gre
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