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<p>[QUOTE="Pepperoni, post: 338181, member: 5520"]<b>Gold or valuable collectable coins ?</b></p><p><br /></p><p>Mr. average American wants to get in on gold. He can buy bullion advertised even by the U.S. Mint. He does not want to lose what he has saved by owning one class of investment.</p><p> Rare coins I think would not be his first choice. He has less knowledge then I do and that will not get you to far. I know it works as a hedge. That is all I need. I buy gold rather then dollars right now. I short the dollar against the Euro, for now. gold can not go linear. There has to be profit taking to pay the bills and buy more gold in the troughs.</p><p>The stock Market , and the housing problems are items that will take a numer of years to fix. Those two items alone should keep metals going for a while. People want investing to be easy . They take the most important item and pay the least amout of attention to it. I would bet bullion gold will be the new investment for the months ahead. Buying with leverage they could do damage to this market also. Lever up a transaction with nothing to insure it is solid and you have another item on the agenda.[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 338181, member: 5520"][b]Gold or valuable collectable coins ?[/b] Mr. average American wants to get in on gold. He can buy bullion advertised even by the U.S. Mint. He does not want to lose what he has saved by owning one class of investment. Rare coins I think would not be his first choice. He has less knowledge then I do and that will not get you to far. I know it works as a hedge. That is all I need. I buy gold rather then dollars right now. I short the dollar against the Euro, for now. gold can not go linear. There has to be profit taking to pay the bills and buy more gold in the troughs. The stock Market , and the housing problems are items that will take a numer of years to fix. Those two items alone should keep metals going for a while. People want investing to be easy . They take the most important item and pay the least amout of attention to it. I would bet bullion gold will be the new investment for the months ahead. Buying with leverage they could do damage to this market also. Lever up a transaction with nothing to insure it is solid and you have another item on the agenda.[/QUOTE]
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