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3rd straight annual loss for Au
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<p>[QUOTE="ewomack, post: 2317250, member: 15588"]I buy some bullion on the side once in a while and then lock it away because I don't really need to look at it once it's purchased (maybe I'll indulge in an appreciative gaze or two). I think of these purchases as at least paying lip service to diversification (whether it really is or not, honestly I'm not completely sure). But I make numismatic purchases for the eye candy factor alone, not for any kind of investment. Maybe I'll sell the numismatic stuff later for a higher price than I purchased it. Maybe not (my past experience, which admittedly isn't vast, so far tells me "not"). If I do, given my lack of experience, I'll peg it down to luck. If I don't, well, hopefully the loss isn't too gratuitous. I've only lost money to numismatics so far, but nothing egregious. The bullion I bought has definitely increased in value, but I guess we'll see how low gold can go.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2317250, member: 15588"]I buy some bullion on the side once in a while and then lock it away because I don't really need to look at it once it's purchased (maybe I'll indulge in an appreciative gaze or two). I think of these purchases as at least paying lip service to diversification (whether it really is or not, honestly I'm not completely sure). But I make numismatic purchases for the eye candy factor alone, not for any kind of investment. Maybe I'll sell the numismatic stuff later for a higher price than I purchased it. Maybe not (my past experience, which admittedly isn't vast, so far tells me "not"). If I do, given my lack of experience, I'll peg it down to luck. If I don't, well, hopefully the loss isn't too gratuitous. I've only lost money to numismatics so far, but nothing egregious. The bullion I bought has definitely increased in value, but I guess we'll see how low gold can go.[/QUOTE]
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3rd straight annual loss for Au
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