Yes, but even when the price does come down, you can always say "Gee, I could have sold at $20 and made a bunch of money". LOL At least that's what I did with gold a few years ago. "Should' a, Could' a, Would' a" gary
CURRENTLY: MAKING SO HIGHS TODAY GOLD: $1,271.30 -- High so far today $1,272 Silver: $20.50 -- High so far today $20.52 Platinum: $1587Palladium: $551
Physical is indeed harder to liquidate in such instances. It can be easier to liquidate or make profits from precious metals ETFs because of this ease but the same principles apply and you don't want to be left saying "Should' a, Could' a, Would' a".
I'm glad you held onto your PMs from a week... a month... a quarter back. but remember crystal balls are still just that.
Well, I'd be surprized at that given her drive for big number days... she has however let her threads fizzle while turning to the next big price points. I guess in her case it's more about the anticipation of the party than the party itself. CURRENTLY: GOLD: $1,270.70 -- High so far today $1,272 Silver: $20.45 -- High so far today $20.52 Platinum: $1589Palladium: $553
Oh my! What a funny commercial our much bemused APM*X are running on their web site! I wouldn't have thought they'd need to produce a TV-style spot like Monex and others have to compete at pushing metals products. Some of the scenes are priceless! The tone just panders to the marching patriotic duty of the American consumer... it's hard hitting for the values-oriented customer, devoid of ethnicity but clear in it's demographic and sure to impart the parental-duty to instill in youth a new generation's desire for gold! The delivery carrier jogs up to your front door! There's even a scene into the much ranted about $$$hipping (packaging) department... if that mini studio set up is to be believed and this is how they spend their ad dollars, maybe shipping IS too high. I doubt they're going to win any Webby Awards but at least they are trying to be 360. :smile
CURRENTLY: GOLD: $1,272.50 (+2.13%) -- High so far today $1,275.70 Silver: $20.48 (+2.04%) -- High so far today $20.54 Platinum: $1593 (+2.26%) Palladium: $558 (+4.34%)
Yes, highest so far this year in intraday trading. 6/28/10 @ $1,261/oz. and yesterday's 9/13/10 @ $1,265.50/oz. (data source) Not sure we'll see it finish over that high in US markets though...
Howdy all! I guess my prediction of gold < $1000 isn't working out so well :foot-mouth: Btw, I got my Buchanan Liberties and they are spectacular. They really look nice up close...especially the high relief "Liberty" on the Coronet. I ordered another set of the Sarah Polks on Sept 2nd...the Mint accepted my order, but later cancelled it saying that the item was "sold-out". I called the (eh-hem) "Customer Service" number and eventually spoke with a Supervisor. I explained that most every business in America accepts orders, then produces product to cover the orders. She said "That's not how the US Mint works." I then asked, "How hard is it to slap in a couple of dies and pinch out some more product?". She said, "That's not how the US Mint works." She said that the maximum mintage of 15,000 was obviously reached. I explained to her that the maximum mintage for the Sarah Polk was 40,000, but she disagreed. I then explained that even if the maximum mintage was 15,000, only 8,455 had been sold across all product lines. She was surprised that I had that number and wanted to know where I got it. I said it is reported to the MintNewsBlog by the US Mint. She then said, "That's not how the US Mint works." It was obvious I wasn't going to get a different answer so I hung up.
Well well.. look what the golden-kitty dragged in on this most auspicious PM day! Welcome back Yakpoo! That is just a sad report from our Mint and even further evidence not to buy their collector issue coins as they clearly disdain their informed and devoted collector-customers. What a shame it is. I hope you might consider a more formal letter to her superiors, especially if you received her name or information.