Message:

<p>[QUOTE=&quot;Rono, post: 1651079, member: 6492&quot;]Howdy Juan/all,</p><p><br /></p><p>Good points.&nbsp; Harry Dent, whom I&#039;ve read for years, sometimes agreeing and sometimes not, called the current bust pretty well and said, while there would be bit of a thawing around 2013, we wouldn&#039;t see any sort of real recovery until around 2023or so.&nbsp; Much of his work is based upon demographics and macroeconomic trends.</p><p><br /></p><p>They whole arguement in Washington is over which promises to break and which taxes to raise, while the Fed is monetizing everything in sight as fast as the dare.&nbsp; Few years back, I read that they were going to have to halve the value of the dollar over the next decade to monetize enough of the tab.&nbsp; Now this the same dollar that has lost 96% of its value since the Federal Reserve was created in 1913.&nbsp; But, feh, when you&#039;re 96% down what&#039;s another 2%?</p><p><br /></p><p>I concur completely that most &#039;collectibles&#039; are worthless.&nbsp; I&#039;ve been proving that to my grandsons with the Pokemon cards, collectibles in general, ebay and the buyers market.&nbsp; The oldest decided he liked coins better.&nbsp; As I told him, I collected everything off and on at one time, but stuck with coins because I always new I could at least spend them.&nbsp; </p><p><br /></p><p>You&#039;re starting to see the great liquidation [read:&nbsp; boomers disposing assets for retirement income].&nbsp;&nbsp; It will be houses, stocks, bonds, collectibles, coins, etc.&nbsp; How many reverse mortgage ads are now on TV?&nbsp; </p><p><br /></p><p>And it still gets back to diversifying your wealth and covering you *ss.</p><p><br /></p><p>peace,</p><p><br /></p><p>rono</p><p><br /></p><p>I like bullion and particularly world bullion.&nbsp; Present day stuff is gorgeous but silver crowns are another nice way.&nbsp; I guess I have a paranoid streak somewhere with regards to my bullion.&nbsp; I want to have bullion that I can claim to be of numismatic interest.&nbsp; I also like diversity.&nbsp; I like slabbed key and semi key coins in higher grades.&nbsp; Read some of the Scott Travers books on coins for retirement.&nbsp; Good stuff.[/QUOTE]</p><p><br /></p>

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