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<p>[QUOTE=&quot;medoraman, post: 7426644, member: 26302&quot;]I never thought you did want to be &quot;right&quot; sir. You are correct, I like to rationally discuss it as well. My earnest hope is I find out I am wrong so I can correct myself, which is why I explain my thinking and maybe someone can correct me where I am wrong. Only a fool believes they are always right.</p><p><br /></p><p>To me, its a weird interplay between collectible coins and spot value. Its not a &quot;hard&quot; line, but definitely is there. An example I use is a Good barber half. If silver had no value, it might be worth $10. When silver is $15, it might go for $12. However, silver at $35 and its worth melt value. So they go up a little with higher spot prices to a point at which collectors no longer want them and the only value becomes melt. </p><p><br /></p><p>Same with gold. The premiums will get compressed with higher spot until they go away (versus melt premium). So, if you think it will go down it helps you because the premium will increase as gold goes down. However, this hurts you the other direction. If gold goes up, the premium eventually disappears, meaning you benefitted by the gold, but your premium you paid is worthless (at a point, or at least less now).[/QUOTE]</p><p><br /></p>

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