Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2012 Silver Crash?
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 1372399, member: 6492"]Hi Jack,</p><p><br /></p><p>I probably didn't express myself well. I don't disagree with you. Unless things went completely into the toilet, I also doubt we'd see gold and silver coins used for commerce (although, tradesmen have been assaying gold and silver coinage for several thousand years and I'm sure they could do so today if needed). </p><p><br /></p><p>My point is that while what you're stating is true - it doesn't matter if enough folks (e.g. survivalists) believe that fractional gold and 90% silver will be the coin of th realm and they go out and buy it on the open market. Their purchases reflect demand and will impact prices. </p><p><br /></p><p>When I'm investing in something, I want to know as much about the demand and supply functions as possible. If I own bullion as a speculative momentum play, what do I care why the POG is being supported by dowry purchases in India or bling being bought by the nouveau riche in China or CB purchases by various countries around the world. All I care about is that they are buying and that's helping the price of my investments. </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1372399, member: 6492"]Hi Jack, I probably didn't express myself well. I don't disagree with you. Unless things went completely into the toilet, I also doubt we'd see gold and silver coins used for commerce (although, tradesmen have been assaying gold and silver coinage for several thousand years and I'm sure they could do so today if needed). My point is that while what you're stating is true - it doesn't matter if enough folks (e.g. survivalists) believe that fractional gold and 90% silver will be the coin of th realm and they go out and buy it on the open market. Their purchases reflect demand and will impact prices. When I'm investing in something, I want to know as much about the demand and supply functions as possible. If I own bullion as a speculative momentum play, what do I care why the POG is being supported by dowry purchases in India or bling being bought by the nouveau riche in China or CB purchases by various countries around the world. All I care about is that they are buying and that's helping the price of my investments. peace, rono[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2012 Silver Crash?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...