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<p>[QUOTE="mikenoodle, post: 727980, member: 307"]paging Danr... paging Danr... this is your wake-up call! repeat... this is your wake-up call!</p><p><br /></p><p>We are currently experiencing a spike... in gold. You might want to dump all of your gold on eBay.</p><p><br /></p><p>no one knows where a market will eventually top, but if it looks like it's really high, then it's time to get out. this is not to say that it won't go higher, but chances are that sooner rather than later, it will be going back down.</p><p><br /></p><p><b>and as an aside to Doug's charts:</b></p><p><br /></p><p><br /></p><p>this type of drop in the charts posted is <b>exactly</b> the type of buying opportunity that presents itself once in a blue moon. I think that the fact that people are not buying coins is the reason for the lower prices, (supply and demand) but when the economy picks back up people will once again be able to afford collector coins and the market prices will rise making for a nice profit for those who can afford to buy now and sit on it.</p><p><br /></p><p>It's curious if you ask me that the economy is currently affecting two markets in the exact opposite directions. The gold price is being driven up and the price of collector coins is being pressed down. Both IMHO because money is tight and people aren't buying.[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 727980, member: 307"]paging Danr... paging Danr... this is your wake-up call! repeat... this is your wake-up call! We are currently experiencing a spike... in gold. You might want to dump all of your gold on eBay. no one knows where a market will eventually top, but if it looks like it's really high, then it's time to get out. this is not to say that it won't go higher, but chances are that sooner rather than later, it will be going back down. [b]and as an aside to Doug's charts:[/b] this type of drop in the charts posted is [b]exactly[/b] the type of buying opportunity that presents itself once in a blue moon. I think that the fact that people are not buying coins is the reason for the lower prices, (supply and demand) but when the economy picks back up people will once again be able to afford collector coins and the market prices will rise making for a nice profit for those who can afford to buy now and sit on it. It's curious if you ask me that the economy is currently affecting two markets in the exact opposite directions. The gold price is being driven up and the price of collector coins is being pressed down. Both IMHO because money is tight and people aren't buying.[/QUOTE]
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