GOLD 12/01/2008 774.60 -42.50 -5.21% SILVER 12/01/2008 9.36 -0.98 -9.55% PLATINUM 12/01/2008 807.00 -71.00 -8.18% PALLADIUM 12/01/2008 179.00 -16.00 -8.56% Perhaps the world ended today, and we missed it? Dow Jones: 8,396.00 -433.04 (-4.90%)
As I said before on a thread... gold rises by approx 15% per year.... it goes up rapidly and down rapidly.....but generally a good investment as ultimately it goes up!!!!. Best wishes, Mike.
If you look at the prices of these metals they have been way over priced these last few years 4-5, so actually the prices are slowly getting back to normal ;-) p.s. most of this is irrelevant to coin collecting anyway since good rare coins sell way over melt anyways lol
Not sure that I understand what you mean by getting back to normal because they have almost doubled in price over the last three years......
I just love these boom threads. It's not as if you could run out and buy any bullion at these prices. All my dealers are selling much much much higher. Spot price is irrelevant to them but it sure is fun to watch folks get caught up in the hype.
Not necessarily coins but I go to car boot sales, Antique Fairs and garage sales in UK and often buy gold of some sort at well below scrap value and I just puit it away in boxes... for a rainy day.......at 15% per year it is better than I would get putting my money in a bank or Building society. You can also buy gold at around scrap price on Ebay for investment... at least on UK site it is possible. Best wishes, Mike.
