Because while inflation is everywhere and all the time a "monetary phenomenon" as Milton Friedman once said, the Quantity Theory of Money allows...
Well, if things get tough, I've got at least 4 Saint-Gaudens coins....each is worth $20 according to the reverse. But I'm gonna have to crack...
Medo, not only that but a fat wallet can throw your spine out of whack (goto 30 second mark): [MEDIA]
Damn right...you know how hard it would be to get a 400 oz. of silver or gold into your pocket ? Makes George Costanza's fat wallet problem small...
I managed money for one of those names. I can assure you, they are NOT "in the know" and most of their wealth is concentrated in equities and...
Trust me, the "big money types" are the LAST to know. Little guys like you and me can pivot on a dime. Big Money types (except for some hedge...
It's not a dollar thing, EVERY country is stimulating. So on a relative basis, the dollar might even appreciate. This is a shift to more...
Chris, get Adobe Acrobat and if it doesn't come up I'll copy-and-paste key sections here.
Chris, it's not an article, it's an actual PDF research report. Anybody else having trouble bring it up ? Comes up for me. You need Adobe...
It's better than paying $3,000 an ounce....:D
Figured I wouuld create a master thread for gold research....here's a doozy, showing that the sell-side is now getting bullish on gold. Merrill...
$3,000 Gold from Merrill Lynch:
Are you saying they wouldn't grade ABOVE that level unless it was definitively Super Gem quality (>MS67) ? Or are you saying that alot of coins...
Refresh my memory.....Gold Bean means, what ? Dramatically undergraded ? Regular bean means "strong for the grade" as I recall.
I'm trying to read research reports on stocks, BARRONs, Burdette's SAINTS book, and stuff on CT and other sites. And my productivity is down...
That was all the choices ? What about FINE, EXTRA FINE, GOOD, etc. ?
Maybe...you could also have some inflationary or deflationary forces that lead to a nation or two going on a gold-buying spree.
I could see it above $2,000 even before then. Maybe in a few weeks/months. But certainly before the spring coin shows in 2021.
But I guess they sold them all, right ? So they pretty much catered to demand, I guess. I guess it was a residue of the adults who collected in...
Thanks I'll read it tonight.
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