Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
August Price Ideas?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1729171, member: 26302"]100% agree. Just like bread will be $10 someday, and a coke will someday be $5 (outside of a ballpark or amusement park), silver will be $48 and gold will be $2000. WHEN is the key, though, and the one thing no one here is bright enough to know. My crystal ball broke a long time ago. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I always find it funny the logic of "hard asset" guys. I am not just talking about PM people so chill out everyone. Its just humans get a number on their heads, and if they hold an asset long enough they think they "profited". Buy land in 1986 and sell in 2012 and think about all of the "profit" they made. Well, maybe yes and maybe know. No way of knowing unless you take inflation into account. Sure, the IRS doesn't help by making you pay cap gains on this "profit", but financially a profit is only achieved if you beat inflation. I am the same, its hard not to be. When I think of the cost of most of my silver I think its $4 an ounce, in reality its $4 an ounce multiplied by the last 20 years of inflation. My real cost is much higher today, even though I physically only paid $4 an ounce in the early 90's.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1729171, member: 26302"]100% agree. Just like bread will be $10 someday, and a coke will someday be $5 (outside of a ballpark or amusement park), silver will be $48 and gold will be $2000. WHEN is the key, though, and the one thing no one here is bright enough to know. My crystal ball broke a long time ago. :) I always find it funny the logic of "hard asset" guys. I am not just talking about PM people so chill out everyone. Its just humans get a number on their heads, and if they hold an asset long enough they think they "profited". Buy land in 1986 and sell in 2012 and think about all of the "profit" they made. Well, maybe yes and maybe know. No way of knowing unless you take inflation into account. Sure, the IRS doesn't help by making you pay cap gains on this "profit", but financially a profit is only achieved if you beat inflation. I am the same, its hard not to be. When I think of the cost of most of my silver I think its $4 an ounce, in reality its $4 an ounce multiplied by the last 20 years of inflation. My real cost is much higher today, even though I physically only paid $4 an ounce in the early 90's.[/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
>
August Price Ideas?
>
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...