Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin value and Recession
>
Reply to Thread
Message:
<p>[QUOTE="Troodon, post: 337325, member: 4626"]Don't want to enter a political discussion here, but it's been my observation that those who favor the current administratyion always seem to push optimistic ideas about the economy, while those who don't push a more pessimistic view. You see this especially near an election... those who favor the current president being re-elected (or the presidency passing to the same party) tend to be more optimistic than those who don't. It's not hard to see why the mainstream media is trying to make a lot out of the alleged recession.</p><p><br /></p><p>Reality is somewhere in the middle most likely... whether in a recession or not, there are always pockets of the economy doing well, doing poorly, or somewhere in the middle. Currently there's a lot of positive economic indicators, and a lot of negative ones. By the time economists come to an agreement of whether or not we're in a recession, it'spropbably going to be over anyway (if there is one). It's incontrovertible that the housing and mortgage market is not doing well, but whether that's a reliable indicator of the economy as a whole is debateable.</p><p><br /></p><p>Back to the main topic at hand... rare coins are always rare, for example they're not making any more 1916-D mercury dimes. Rarities in the long run, and in the short run for that mattter, will always go up. Any coin containing gold is a safe bet to go up even if only worth melt... gold always goes up in the long run as it's a popular hedge against inflation... if anything economic uncertainty is actually a good thing for gold values, as it increases the demand on gold when people are less certain about the stability of other investments when the economy looks shaky. Common coins not containing precious medal will probably not change all that much... may go down a little if demand drops... but I wouldn't expect any huge fluctuations.</p><p><br /></p><p>Since I'm a collector of coins, not an investor, if anything I wouldn't mind seeing some coin values go down so I can afford to buy more of them. If you're investor I'd say gold coins, rare coins, or rare gold coins, is pretty safe, otherwise you're just guessing anyway. If the recession, if there actually is one, is driving coin prices down, may be a good oppotunity, but my crystal ball isn't any better than anyone else's.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 337325, member: 4626"]Don't want to enter a political discussion here, but it's been my observation that those who favor the current administratyion always seem to push optimistic ideas about the economy, while those who don't push a more pessimistic view. You see this especially near an election... those who favor the current president being re-elected (or the presidency passing to the same party) tend to be more optimistic than those who don't. It's not hard to see why the mainstream media is trying to make a lot out of the alleged recession. Reality is somewhere in the middle most likely... whether in a recession or not, there are always pockets of the economy doing well, doing poorly, or somewhere in the middle. Currently there's a lot of positive economic indicators, and a lot of negative ones. By the time economists come to an agreement of whether or not we're in a recession, it'spropbably going to be over anyway (if there is one). It's incontrovertible that the housing and mortgage market is not doing well, but whether that's a reliable indicator of the economy as a whole is debateable. Back to the main topic at hand... rare coins are always rare, for example they're not making any more 1916-D mercury dimes. Rarities in the long run, and in the short run for that mattter, will always go up. Any coin containing gold is a safe bet to go up even if only worth melt... gold always goes up in the long run as it's a popular hedge against inflation... if anything economic uncertainty is actually a good thing for gold values, as it increases the demand on gold when people are less certain about the stability of other investments when the economy looks shaky. Common coins not containing precious medal will probably not change all that much... may go down a little if demand drops... but I wouldn't expect any huge fluctuations. Since I'm a collector of coins, not an investor, if anything I wouldn't mind seeing some coin values go down so I can afford to buy more of them. If you're investor I'd say gold coins, rare coins, or rare gold coins, is pretty safe, otherwise you're just guessing anyway. If the recession, if there actually is one, is driving coin prices down, may be a good oppotunity, but my crystal ball isn't any better than anyone else'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
>
Coin Chat
>
Coin value and Recession
>
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...