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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="1970 Silver Art, post: 1048023, member: 18828"]That is the same situation with me. Nobody at work talks about the gold and silver rise. Nobody that I hang around with knows about the gold and silver going up. I do not talk about gold and silver rising to anybody. Nobody at my job and nobody that I hang around with knows that I buy PM's. The only people that know I buy and collect certain PM's are my parents and the online community here and at two other gold and silver forums. </p><p><br /></p><p>I do not think that there is any bubble in the gold and silver market. I do not see, for example, the average joe and jane sixpack talking about the latest Engelhard Prospector they bought. The only commercials that I see locally are the ones that advertise to SELL your gold and silver. If you start seeing a lot of ads to BUY gold and silver on a daily basis, then that could be a sign of a bubble. </p><p><br /></p><p>Think about the late '90's tech stock and dot-com boom. Everybody back then was talking about what tech stocks to get in and which ones will go up 1000% in 6 months or less. Every TV commercial back then as talking about stock market makers and active stock trading. </p><p> </p><p>I also think that fractional gold coins will be the ideal gold bullion that the average person will be able to buy and also the fractional gold coins (1/10 oz and 1/20 oz) will be very ideal because it would not trigger the 1099 reporting requirement when selling.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 1048023, member: 18828"]That is the same situation with me. Nobody at work talks about the gold and silver rise. Nobody that I hang around with knows about the gold and silver going up. I do not talk about gold and silver rising to anybody. Nobody at my job and nobody that I hang around with knows that I buy PM's. The only people that know I buy and collect certain PM's are my parents and the online community here and at two other gold and silver forums. I do not think that there is any bubble in the gold and silver market. I do not see, for example, the average joe and jane sixpack talking about the latest Engelhard Prospector they bought. The only commercials that I see locally are the ones that advertise to SELL your gold and silver. If you start seeing a lot of ads to BUY gold and silver on a daily basis, then that could be a sign of a bubble. Think about the late '90's tech stock and dot-com boom. Everybody back then was talking about what tech stocks to get in and which ones will go up 1000% in 6 months or less. Every TV commercial back then as talking about stock market makers and active stock trading. I also think that fractional gold coins will be the ideal gold bullion that the average person will be able to buy and also the fractional gold coins (1/10 oz and 1/20 oz) will be very ideal because it would not trigger the 1099 reporting requirement when selling.[/QUOTE]
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