Chinese labor costs double every 8-10 years...or less. :wideyed: As their labor force shrinks by 30% the next 30 years, Chinese wages will...
I presume you are talking about the more common Saints, right ? They probably lagged on the upside price-wise and saw their premiums come in once...
It won't hurt, but it's not a magic elixer. Energy costs are much more important and we have a huge advantage there over all but the MidEast...
Actually, the best insurance up to about the mid-1990's against inflation was small-cap stocks !! :wideyed:
It's not as simple as you would like, Eric, though I see where you are coming from. Unless we have hyperinflation or something like that,...
You just buy less. :p At FUN 2020, gold was about $1,650 an ounce and I got 3 full-ounce coins. I'll be lucky to just get 1 coin at FUN 2026....
Agreed...and folks have to remember, when you short, your gains are limited to the price you short at and your losses are theoretically unlimited....
You've JUST STARTED to see the most common MS-67 Double Eagle, the 1908 No Motto, have its premium nudge inward a bit. But once gold gets above...
Is that because a "blast white" is very likely dipped or altered ?
I'm not a collector, this is really like decades of silver coins given to me by family members. I guess it added up.:D Should help me get a...
Thanks Jeff....I guess specific multiplers for each series don't matter, right ? Just add up the FV for any pre-1965 coins and multiply by 0.715...
Does anybody have a link to one of those sites that tells you the current "multiplier" for various pre-1965 silver coins to give you the current...
Would you say on average maybe these premium coins went 20-25% over FMV for PLs/DMPLs -- or more ?
It IS a good website.....I look at lots of stuff...have bought alot of my low-to-medium priced stuff.
You're saying you see a bubble in these coins going forward ? Why ? What makes you think so ?
So a 5% bid-ask spread (check your numbers, I see 7 digits) ?
GDJMSP is an expert in this area...hopefully he will chime in.:D
Very interesting, thanks for posting.:cigar: What was the purpose for these small, generally "poor" countries to have limited mintage of gold...
I also just noticed the ending sentence regarding ther Federal Reserve: "...a banker close to the situation remarked yesterday that it could well...
Here's the article....I hope.:D
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