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<p>[QUOTE="JavaGold, post: 135951, member: 5369"]NP, I see your post as proof that we all view events through the filter of our own experience. Your perception is that the POS & POG are as a result of interest in "Mint/Proof sets, government issued bullion, commemoratives, etc.", while I would consider to be incidental to what I think motivates the far greater world interest in PMs. </p><p><br /></p><p>I suspect that the increased interest has more to do with concerns regarding currencies, especially the US$, and general nervousness about world events. As you know, the US$ has become the biggest reserve asset held by CBs around the world, replacing gold & silver of a few decades earlier. Our national debt, combined with our other deficits of current account, budget, & trade, have put pressure on the dollars value. Rather than address these problems, our govt cuts taxes, increases spending, & focuses on issues that don't solve these economic problems.</p><p><br /></p><p>I'll be very surprised if both silver & gold don't soon resume the price climb they've been enjoying, along with all other commodities. Other CBs are cpnsidering reducing their exposure to the dollar, & govts are establishing markets trading in non-dollar assets. Both of these activities will involve selling dollars & some denominated assets which will add to the downward pressure on the dollar.</p><p><br /></p><p>Of course the good news for coins is that their values should prosper. It's the very reason I've started comming to this site, to learn about nusmismatics. BTW, I feel very good about the time I've spent here, reading different threads. I already feel that It is time well spent. I just hope my opinions don't tick any of you off, so that you don't want to share info with me.[/QUOTE]</p><p><br /></p>
[QUOTE="JavaGold, post: 135951, member: 5369"]NP, I see your post as proof that we all view events through the filter of our own experience. Your perception is that the POS & POG are as a result of interest in "Mint/Proof sets, government issued bullion, commemoratives, etc.", while I would consider to be incidental to what I think motivates the far greater world interest in PMs. I suspect that the increased interest has more to do with concerns regarding currencies, especially the US$, and general nervousness about world events. As you know, the US$ has become the biggest reserve asset held by CBs around the world, replacing gold & silver of a few decades earlier. Our national debt, combined with our other deficits of current account, budget, & trade, have put pressure on the dollars value. Rather than address these problems, our govt cuts taxes, increases spending, & focuses on issues that don't solve these economic problems. I'll be very surprised if both silver & gold don't soon resume the price climb they've been enjoying, along with all other commodities. Other CBs are cpnsidering reducing their exposure to the dollar, & govts are establishing markets trading in non-dollar assets. Both of these activities will involve selling dollars & some denominated assets which will add to the downward pressure on the dollar. Of course the good news for coins is that their values should prosper. It's the very reason I've started comming to this site, to learn about nusmismatics. BTW, I feel very good about the time I've spent here, reading different threads. I already feel that It is time well spent. I just hope my opinions don't tick any of you off, so that you don't want to share info with me.[/QUOTE]
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