The goal of the bullion dealers -- and this goes back to my clients 30-35 years ago when they were buying Saints and I let it go in one ear and...
It USED to. That was when Palladium was being held up by Russia.
Platinum and Palladium just can't get out of their way. They have done NOTHING during the times recently that gold has gone up. The overhead of...
The TPGs weren't around in the 1970's when gold went up 20-fold, although the sustainable rise was more like 10-fold. But I'll bet there was lots...
Not at all, in fact, the trend indicates it is going (much) higher.....the slow steady pace of the rise indicates gold is being accumulated by...
Sell-side comments from a firm with a good track record on gold and commodities: [ATTACH]
No arguments, JM.:cigar: The key going forward is obviouly the gold price and whether it spikes and then falls back sharply (the experience in...
I haven't made "absolute statements" or made offers to sell or other actions regarding "fantasy prices", IM. I'm just stating where the market...
I did....and I will admit that trading and the mechanics of settlements are NOT my strong suit.:D That's part of the problem though: I don't...
Well, I'm not a seller but I see plenty of MS-65 Saints trading for < $3,300 on HA, GC, Ebay, etc. Even saw a 1928 MS-65+ sell for $3,500, all-in.
Again....I think if we head DOWN from $3,000 gold (as we have done in the past following big rises) the old pattern repeats. However....if...
Maybe the COMEX shorts are hedged elsewhere ? Maybe it's banks or hedge funds or insurance companies with deep pockets ? Maybe they have...
It's an interesting thesis and you do have a decent/good understanding of how the silver/metals markets work with both futures, cash markets, etc....
But Silver has lagged Gold during this move, right ? Certainly no "squeeze" -- nothing like 1979-80, or even an out-of-nowhere 10% up move with...
All I am saying is that while the ABSOLUTE price of a common Saint has gone up with gold at $3,000.....the premium you USED to pay has...
JM, we may find out. I think we'll be there in the next 5-10 years. o_O
I understand HOW the price is changing but I don't understand WHY it is changing. :wideyed: If an MS-65 1924 Saint sells for $2,400 when gold was...
I'm not fixated on anything and certainly not a profit. Just trying to see what a rising gold price means for the pricing of the coins many of us...
I don't think there was/is any "historic ratio" that is tradeable or investable. It's a quirk of a gold price that was controlled and both metal...
I guess it's "nice" that the premiums have collapsed and you can buy investment/Gem quality Saints and other coins at close to gold content. But...
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