How is the bad economy effecting the coin market?

I was wondering about this. The economy sucks, like it usually does when there's a Bush in the Whitehouse. How's it effecting the coin market, though?

 

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that last guy in office didn't help much either. the coin market is ok to me but I'm a Republican.

 

I can't see blaming the President, whatever your politics are. Coin market seems to be in better shape than the stock market.

 

Bush has devistated the economy in my area too. Why are Republicans so bad for the economy? When have they ever balanced a budget? They can't get anything right.

 

Oh yea, it's like this every time there's a Bush in office. I expect the economy to get better just about six months after Bush is out of office.

 

Damn, guys, what is it with the Bush bashing. This is a coin site.

 

As for the coin market,it's hotter than anything! at least the error coin market.It's never been this hot before in the history of numismatics.If we do go into a inflationary period,coins will be even safer,as another form of hard money.
As to the politics,I'd rather see Bush than another Clinton anyday.His main claim to fame was turning around the economy.Something Reagan & Bush accomplished in time for Clinton to take the credit.Nuff said. ~ Jim

 

I just bought some coins online last night so I don't think the economy is too bad.

 

That's pretty funny laz. I hope it doesn't take Bush and gang 12+ years to turn the economy like it took Reagan/Bush. Of course, a more logical explanation is that it just took Clinton a couple years to undo the damage that Reagan/Bush caused in 12.

 

:roll:

 

Gettin' better all the time...

I actually think a poor economy helps the coin market (if by "helps" one means that prices go up and coins are more liquid). From a datapoint of one, I've had more free cash on hand than in years previous, and have been buying coins with it. In prior years, I would have bought stocks.

As far as the economy being down, it looks like it may have turned a corner. Stocks are nearing 52-week highs, and the market usually leads this kind of thing. While I don't expect a return to the raging '90s, I do see bright things for the year ahead.

 

I hope you're right about that.

 

I can't account for regular U.S. coinage but the error coin market has never been hotter! There are record prices and dmand has never been stronger. In fact,the COINage Magazine top 10 most wanted last year were all errors or varieties. It's a cool time to collect coins! 8) ~ Jim

 

Blast from the past ...

I guess some things never change.

 

Personally I've enjoyed the coin market generated by the current administration, and suspect that the future administration will stimulate the market even more with the continued deficit spending to buy infrastructure jobs in the private sector.

Our locale is inundated with government infrastructure employment which is devoid of marketable product, but creates jobs for the normally unemployable, and buildings/roads, which seemingly can't be sustained by the reduced tax base of a service sector economy.

As coinzip states, regardless of who's at the "helm", seemingly many will try to inaccurately? place blame/credit.

I'm glad I've also purchased adequate ammunition.

JMHO,

 

Wow, didn't think this site was around in 2003.. Back when silver was as cheap as copper!

So, if anyone remembers, about what price could you buy a common date Morgan Dollar 13 years ago? (1921, or other cheap Morgans currently in the $20-25 range)?

 

....must....not....post....

 

Which is a good idea if one must post their political viewpoint. No more political posts, Go to Partisanlines.com.