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<p>[QUOTE="GDJMSP, post: 822506, member: 112"]It appears that nobody got the point of my comments. I could care less about the potential for gold to increase or decrease in the future. I was trying to point out what has actually happened in the past 60 days.</p><p><br /></p><p>On 12/23 when I made my commnets in the previous thread (go read it) 1 ounce Proof gold coins were selling for $2,000 and up - each. At that time, the spot price of gold was $1080.</p><p><br /></p><p>Today, the spot price of gold is $1120 - it has actually gone up a bit. But those same Proof gold coins are now selling right around $1300. </p><p><br /></p><p>35% of their value - over $700 has just evaporated into thin air while the spot price is virtually unchanged ! The loss had absolutely nothing to do with the spot price !</p><p><br /></p><p>Do you really not get it ? It was all false inflated value based on hype and marketing techniques. It was all part of a promotion by the investment fund managers because it was the end of the year.</p><p><br /></p><p>These are the very real things you need to worry about. Not all these BS conspiracy theories about this group or that group controling the spot price of gold that are talked about here and everywhere else. These guys are real. They truly do affect the price of gold and silver bullion coins that all you folks invest in.</p><p><br /></p><p>What I am trying to tell you is that when you see the premiums being paid for the bullion coins far outstripping the spot price it is definitely time to STOP buying and start selling ! Or you will suffer the consequences.</p><p><br /></p><p>The spot price will be what it will be. But when these promoters step into the market, particularly at the end of the year - all bets are off.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 822506, member: 112"]It appears that nobody got the point of my comments. I could care less about the potential for gold to increase or decrease in the future. I was trying to point out what has actually happened in the past 60 days. On 12/23 when I made my commnets in the previous thread (go read it) 1 ounce Proof gold coins were selling for $2,000 and up - each. At that time, the spot price of gold was $1080. Today, the spot price of gold is $1120 - it has actually gone up a bit. But those same Proof gold coins are now selling right around $1300. 35% of their value - over $700 has just evaporated into thin air while the spot price is virtually unchanged ! The loss had absolutely nothing to do with the spot price ! Do you really not get it ? It was all false inflated value based on hype and marketing techniques. It was all part of a promotion by the investment fund managers because it was the end of the year. These are the very real things you need to worry about. Not all these BS conspiracy theories about this group or that group controling the spot price of gold that are talked about here and everywhere else. These guys are real. They truly do affect the price of gold and silver bullion coins that all you folks invest in. What I am trying to tell you is that when you see the premiums being paid for the bullion coins far outstripping the spot price it is definitely time to STOP buying and start selling ! Or you will suffer the consequences. The spot price will be what it will be. But when these promoters step into the market, particularly at the end of the year - all bets are off.[/QUOTE]
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