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<p>[QUOTE="Juan Blanco, post: 1650593, member: 41665"]On a relative-basis, US RE in many areas may fall -50% as the financial system contracts further (with stagnant/falling wages.) I also suppose that LOSS will be partially hidden by inflation.</p><p>Most importantly, the US Treasury market is the biggest financial bubble in history, period. When that pops, it may well take the USD (and most other USD Paper investments) with it. </p><p>So Boomers investments may further lose ~-70% value, as the PostWar gimmicry of Wall St burns a generation against stocks as severe inflation/Dollar deflation takes hold. Boomers (perhaps the last gen of US wealth) will dump worth-less Paper to eat and fill their cars: that will be the Great Liquidation, after 2017.</p><p><br /></p><p>Most US "collectibles" are already junk, but we're <i>nowhere near </i>the bottom in relative pricing yet. For instance, Peatnut the Royal Blue Elephant (Bean Baby) sold last month for $355. - 305. (down from $3,100. in 1999.) Next ending auction might close below $280., so the trajectory down continues. </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FTY-Peanut-the-Royal-Blue-Elephant-Beanie-Baby-10-Day-Auction-Low-Reserve-RARE-%2F321078002994" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FTY-Peanut-the-Royal-Blue-Elephant-Beanie-Baby-10-Day-Auction-Low-Reserve-RARE-%2F321078002994" rel="nofollow">http://www.ebay.com/itm/TY-Peanut-the-Royal-Blue-Elephant-Beanie-Baby-10-Day-Auction-Low-Reserve-RARE-/321078002994</a></p><p><br /></p><p>For mass-mkt collectors, I believe prices for hoarded US crap must fall another -80% or so, against POG. Most numismatic value of US coins (non-PMs, esp) will drop somewhat less, but still dramatically, as mediocre collections get dumped on the market. Boomers croaking/estates getting liquidated is inevitable, folks! </p><p><br /></p><p>Anticipate the 'bust of Baby Boomers' should be a trifecta of BAD for most US coin prices, sometime between 2020-2035. But for YN buying US coins at a "discount" sometime in the near future (~ 10-15 years) that washout will be a boon, too. So if you're 15-20yo, you will almost certainly get a chance to own mid-range coins MUCH CHEAPER. (Lots of other junk, too.) Good news!</p><p><br /></p><p>Until then, learn how to profitably and opportunisitically accumulate PM bullion (on rare periodic dips) for your growing piggy-bank reserve... Also: buy solid-value coins from the BRICs, what the future collectors (foreigners) will want.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1650593, member: 41665"]On a relative-basis, US RE in many areas may fall -50% as the financial system contracts further (with stagnant/falling wages.) I also suppose that LOSS will be partially hidden by inflation. Most importantly, the US Treasury market is the biggest financial bubble in history, period. When that pops, it may well take the USD (and most other USD Paper investments) with it. So Boomers investments may further lose ~-70% value, as the PostWar gimmicry of Wall St burns a generation against stocks as severe inflation/Dollar deflation takes hold. Boomers (perhaps the last gen of US wealth) will dump worth-less Paper to eat and fill their cars: that will be the Great Liquidation, after 2017. Most US "collectibles" are already junk, but we're [I]nowhere near [/I]the bottom in relative pricing yet. For instance, Peatnut the Royal Blue Elephant (Bean Baby) sold last month for $355. - 305. (down from $3,100. in 1999.) Next ending auction might close below $280., so the trajectory down continues. [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FTY-Peanut-the-Royal-Blue-Elephant-Beanie-Baby-10-Day-Auction-Low-Reserve-RARE-%2F321078002994"]http://www.ebay.com/itm/TY-Peanut-the-Royal-Blue-Elephant-Beanie-Baby-10-Day-Auction-Low-Reserve-RARE-/321078002994[/URL] For mass-mkt collectors, I believe prices for hoarded US crap must fall another -80% or so, against POG. Most numismatic value of US coins (non-PMs, esp) will drop somewhat less, but still dramatically, as mediocre collections get dumped on the market. Boomers croaking/estates getting liquidated is inevitable, folks! Anticipate the 'bust of Baby Boomers' should be a trifecta of BAD for most US coin prices, sometime between 2020-2035. But for YN buying US coins at a "discount" sometime in the near future (~ 10-15 years) that washout will be a boon, too. So if you're 15-20yo, you will almost certainly get a chance to own mid-range coins MUCH CHEAPER. (Lots of other junk, too.) Good news! Until then, learn how to profitably and opportunisitically accumulate PM bullion (on rare periodic dips) for your growing piggy-bank reserve... Also: buy solid-value coins from the BRICs, what the future collectors (foreigners) will want.[/QUOTE]
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