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<p>[QUOTE="Paddy54, post: 720966, member: 19250"]<font face="Arial">After reading the post above all have made good valid points. With gold now at a base of over $1000 usd. I don't see gold dropping anytime soon! With the devaluation of the USD and the world economy in general...what worries me the most is that all gold and silver coins be they MS/PF/ or bullion issues becomming just that.....bullion! What if and this is just off the top of my head a 1911 D quarter eagel gold coin content worth more that the coins numismatic value? The same could happen to any coin be they key coins made from gold or silver......or any other PM. for that matter. As for the U.S. mint supply of platchets be they gold or silver the mint is not going to supply and mint coins well out of the public reach.... My feeling there is going to be a major correction in PM. Maybe not below a 1000.usd but some where near that bench mark. With so many factors stearing the price of PM daily "ie price of crude oil " the stock market etc.....who knows when this correction will occur....? My plan if my pocket book allows is to make wise and small purchases in PM at this time. I think of this in a funny way.....you walk out of the house in the morrning with lets say a $20 bill...next stop a coffee or what ever.....once you break the 20 you just about done for the most part....well I am...LOL I try to buy smaller amounts and sizes of PM that way if forced to sell or need to sell I won't need to break a 20 and loose the change. just a few thoughts......after all I purchased both the MS & PF buffalo sets and sent back the proof set....duh! Hinde sight is always 20/20......its a crap shoot sometimes lady luck smiles sometimes she don't!:rolling: I was so up set to see the end of the proof ASE's as well as the fractional buffalos and the other set and coins scraped by the mint. I believe right now maybe more than ever people are in the hording phase .....those of us who know history well will tell you it's a smart thing to do! Just my 2 cents....Paddy</font>[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 720966, member: 19250"][FONT=Arial]After reading the post above all have made good valid points. With gold now at a base of over $1000 usd. I don't see gold dropping anytime soon! With the devaluation of the USD and the world economy in general...what worries me the most is that all gold and silver coins be they MS/PF/ or bullion issues becomming just that.....bullion! What if and this is just off the top of my head a 1911 D quarter eagel gold coin content worth more that the coins numismatic value? The same could happen to any coin be they key coins made from gold or silver......or any other PM. for that matter. As for the U.S. mint supply of platchets be they gold or silver the mint is not going to supply and mint coins well out of the public reach.... My feeling there is going to be a major correction in PM. Maybe not below a 1000.usd but some where near that bench mark. With so many factors stearing the price of PM daily "ie price of crude oil " the stock market etc.....who knows when this correction will occur....? My plan if my pocket book allows is to make wise and small purchases in PM at this time. I think of this in a funny way.....you walk out of the house in the morrning with lets say a $20 bill...next stop a coffee or what ever.....once you break the 20 you just about done for the most part....well I am...LOL I try to buy smaller amounts and sizes of PM that way if forced to sell or need to sell I won't need to break a 20 and loose the change. just a few thoughts......after all I purchased both the MS & PF buffalo sets and sent back the proof set....duh! Hinde sight is always 20/20......its a crap shoot sometimes lady luck smiles sometimes she don't!:rolling: I was so up set to see the end of the proof ASE's as well as the fractional buffalos and the other set and coins scraped by the mint. I believe right now maybe more than ever people are in the hording phase .....those of us who know history well will tell you it's a smart thing to do! Just my 2 cents....Paddy[/FONT][/QUOTE]
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