PF, I read an article where it appears that alot of easy grading took place about 1997 or so. This would jibe with a lack of recovery from the...
Right, so the business plan for low-60's Saint commons is no different than bullion. My LCS charges spot + 6% for AGEs, Buffalos, Maple Lafs,...
Bond returns depend on duration and credit-quality. Tough to just say what a 'bond' or bond index returns. There are 15,000 different bonds in a...
I am well aware of this, having dealt with Gold Bugs for many years.:D
But I wasn't making that case, I just used it to show that HISTORICALLY premiums have finally dissipated after 20+ years. Saints can see their...
That's what I haven't been able to understand since I don't run my own business (yet) and certainly not a coin shop. If a coin dealer/LCS is...
I think the data points referenced are OK. IOTW, the charts are legit and accurately portray what pricing was. Maybe not EXACTLY, but gives you...
I never mentioned savings bonds. I did mention bonds, as in a diversified portfolio of Treasury, mortgage, corporate, and other bonds....
Sarcasm noted. Ha-ha-ha-ha. o_O The point is that economies just don't implode, especially reserve currencies. I share your concern with...
Those numbers are 'off.' I don't know what is going on, but no way the U.K. -- with a population about 1/5th ours -- has half the debt in the...
My point in using 1979 was to show how arbitrary start/stop points can bias results. Rolling periods removes that bias, and on that score, gold...
Greece, a 3rd-rate economy and NOT a reserve currency nation, started going down the toilet in the 1980's and didn't implode for 30 years. If...
Same with stocks -- or bonds. Nobody wanted Treasuries or CD's or Munis when they yielded 15% in 1981 -- cause they were going to 20% 'pretty...
Right, but many do. And growth stocks are growing a business that will lead to future cash flow growth. This is a free country, anybody can do...
You own bonds/CDs for portfolio ballast, not income. Data mining....you're choosing a year BEFORE the end of Bretton Woods and Nixon taking us...
The problem is that if the dollar is entering a new 7-year bull market and has a few years to run it will negatively impact gold. Plus, emerging...
WLH, if gold falls back to the 2008 level of about $800/oz., you may be able to pick up MS-65 commons for $1,200....certainly well-under $1,500.
But it IS speculating. Just know that it is. Because it doesn't pay a dividend/interest, is volatile, and is subject to numerous price pressures...
Speculating -- it isn't 'investing' -- in PM's to accumulate savings for a house or anything else is not a good move. PM's should be a supplement...
Figured we could use one of these, as I hope it is active years into the future as I (hopefully) add some to my collection. Current thoughts:...
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