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<p>[QUOTE=&quot;johnmilton, post: 25402108, member: 101855&quot;]I was buying gold coins in the 1960s when the official government price was $35 an ounce. Back then, only numismatic gold dated before 1933 was legal to own. </p><p><br /></p><p>I’ve seen a lot of ups and downs over the last 60 years. This is obviously the highest price gold has ever been, and it’s scary. We know how the big banks can play with the gold price when they want to do it. Maybe the dollar has reached the point where they can’t or won’t do that any more, but it would be tough to take a $1,000 per ounce hit on a lot of gold. </p><p><br /></p><p>I look at the price of a new gold eagle Proof set from the mint. It’s $1,600 over melt. If gold drops, that’s a big hole. </p><p><br /></p><p>I still buy numismatic gold, but that’s all I’ve been buying.[/QUOTE]</p><p><br /></p>

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