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<p>[QUOTE="GDJMSP, post: 727054, member: 112"]Well, actually you can Vess. It just depends on "when" you say it that determines if you were right or wrong. There have been times when the entire stock market dropped like a hot rock. Just think about 2000 and 2001. Trillions and trillions of people's invested dollars were lost. </p><p><br /></p><p>Same thing happened with the entire coin market in 1989. And it may very well be happening again right now.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I didn't buy a dang one. I didn't buy anything during that craziness. And yes, it was real. And no collectors didn't cause it. Investors and speculators caused it. But collectors sure bought into it. They lost just as much as any body else. Many coin dealers were wiped out, others took 10 years or more to recover.</p><p><br /></p><p> </p><p> </p><p><br /></p><p>What coin do you own that you think is holding value right now ? You're gonna be hard pressed to find one because pretty much all of them are dropping weekly.</p><p><br /></p><p>And just because I do not advocate investing in coins doesn't mean that I think you should squirrel your cash away in the mattress or the bank. I do not advocate investing in coins because the coin market is fickle. It changes on a whim. And the odds of you timing everything just right are against you. We've discussed all this before.</p><p><br /></p><p>But if you wanna believe in it, be my guest.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 727054, member: 112"]Well, actually you can Vess. It just depends on "when" you say it that determines if you were right or wrong. There have been times when the entire stock market dropped like a hot rock. Just think about 2000 and 2001. Trillions and trillions of people's invested dollars were lost. Same thing happened with the entire coin market in 1989. And it may very well be happening again right now. I didn't buy a dang one. I didn't buy anything during that craziness. And yes, it was real. And no collectors didn't cause it. Investors and speculators caused it. But collectors sure bought into it. They lost just as much as any body else. Many coin dealers were wiped out, others took 10 years or more to recover. What coin do you own that you think is holding value right now ? You're gonna be hard pressed to find one because pretty much all of them are dropping weekly. And just because I do not advocate investing in coins doesn't mean that I think you should squirrel your cash away in the mattress or the bank. I do not advocate investing in coins because the coin market is fickle. It changes on a whim. And the odds of you timing everything just right are against you. We've discussed all this before. But if you wanna believe in it, be my guest.[/QUOTE]
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