Dollars? ;) In all seriousness though, that was a huge bubble and isn't really a good baseline to use for comparison. Also, today that would be...
Yeah, but I'm not really sure what it owes since it isn't gold anymore, and everything else owes fiat currency. Funny how that works.
Hmm.. same reason I warn people about investing in IOU's. The Exter Inverted Pyramid: http://www.silverbearcafe.com/private/05.09/images/pyramid.jpg
A fair point. I guess what I meant to say was that fluxuations in the dollar do not necessarily equate to fluxuations in the value of gold.
Serialed bars are less likely to be counterfeited because you can look up the serial, same with slabbed coins. Sure, it can happen. The majority...
I actually agree with both you and Cloud in this regard. To assume gold has to go up is foolish. However, if the worst were to happen and metals...
I just picked up 34 pounds of Canadian copper pennies from eBay. Got them for near spot value, and I feel like it's a good potential numismatic...
Gold is always the same cost. It's your dollars that change. Now is as good a time to buy as any other time has been or will be, so will tomorrow...
$4 to $5 over spot is typical at many different coin shops in my area. Usually I can't find them for less than $4.50 over unless they are totally...
When I built my silver position the GSR was 80:1. I couldn't believe it at the time. How does the ratio go from being between 15:1 and 20:1 for...
In order to have certainty that your coin is legit without damaging it you'll need to do a lot of tests. Diameter, thickness (height), weight,...
I agree they are in the same neck of the woods. The difference is that in a default you are telling the rest of the world that you aren't willing...
Deflation yes, default no. In a default the promies of the USGov will be null and void, nobody will trust the bonds or the currency. A new...
I can't remember what it was called, but I saw a documentary where the people there spend dawn to dusk panning for fractions of gold just to buy a...
In the event of a default gold will not be worth as much denominated in today's dollars, but the dollars themselves will not be worth anything...
Ask somebody in Zimbabwe what they buy their food with.
I will be visiting a coin show this weekend looking for deals. Under normal circumstances I would be buying every paycheck, but lately I have been...
For real? Can you expand please? Is it that dealers are not lowering premiums with the spot price, or it's just hard to find, maybe both, or...
I agree completely, at least for the initial reaction. USD and US treasuries are the de facto safe haven currency for people in a currency crisis...
If silver touches $26 again it will most likely be heading for $21 since $26 is now below the longterm uptrend that began in 2008. Since $26 is...
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