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CoinTalk > Coin Forums > Bullion Investing looks like we are in for another of those days

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Page 2 of 2 < 1 2   LinkBack Thread Tools Rate Thread Display Modes 11-17-2009, 07:54 AM   #16 (permalink) taurus876 Senior Member   Join Date: May 2006 Posts: 400 Quote: Originally Posted by jaceravone With each rise of the price of gold, the likelihood of continuing the FS collection is getting less and less. I can't get behind too much further or I will be in trouble. I will probably wait on Margaret Taylor. Hopefully, gold will fall before she goes off sale in a year.   11-17-2009, 08:29 AM   #17 (permalink) Danr Numismatist     Join Date: Jul 2005 Posts: 2,942 My Mood: Quote: Originally Posted by SilverSurfer Seriously, though, gold isn't at an all time high. I believe in the 1980's it hit $800 an ounce. Based on inflation, it would have to be about $2400 to be at an all time high, inflation adjusted. Which brings me back to my original statement......maybe it's the dollar bill that is in a bubble. those adjustments for inflation are bogus.   11-17-2009, 12:01 PM   #18 (permalink) Cloudsweeper99 Treasure Hunter     Join Date: May 2005 Posts: 5,766 Quote: Originally Posted by Danr those adjustments for inflation are bogus. You are correct, of course. For some reason, people like to measure gold from the very brief one-time spike in gold futures in early 1980 -- usually to make gold look bad. I'll wager that almost nobody purchased or sold physical gold at that price. It was all paper. It would be more accurate to measure from the levels that existed for most of 1979 and 1980. http://www.bullnotbull.com/archive/gold1980.html   Page 2 of 2 < 1 2 Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « Another Fake Gold Concern | so why is silver stagnant » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Linear Mode Switch to Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules Similar Threads Thread Thread Starter Forum Replies Last Post There are good days and bad days when out... Jim C (Mich) US Coins Forum 2 07-30-2006 10:31 AM 90 days and counting!! Ed Zak US Coins Forum 9 12-15-2004 01:13 AM LinkBack LinkBack URL About LinkBacks

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