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<p>[QUOTE=&quot;GDJMSP, post: 2952645, member: 112&quot;]I would ask you, does why matter ? And no, I&#039;m not being fippant, I&#039;m quite serious. In your original question you commented that you had noticed that prices, as a whole, in the Coin Digest had been reduced and you wanted to know why. My answer was to post a graph showing what had happened to the coin market as a whole in the past 10 years. Which obviously showed that values, taken as a whole across the entire coin market, had dropped. So if that&#039;s happened, then naturally prices listed in annual books are going to have dropped also.</p><p><br /></p><p>Now no, that does not answer the underlying reasons as to why the entire coin market has dropped. But then is that a question that anybody can definitively answer ? I&#039;d have to say no. You can speculate from now until the cows come home about various reasons. But in the end the bottom line is this - markets go up and markets go down - all markets ! And nobody ever knows precisely why, not with any degree of certainty. You can give a hundred different reasons, and all of them are probably valid to one degree or another. But the real underlying reason is people being people. Each one of them has a different reason for what they do and when.</p><p><br /></p><p>But the one single reason that is probably most common is that people in general are like sheep - they follow the trend. And when markets move, in either direction, people in general will follow that trend. </p><p><br /></p><p>That&#039;s what those graphs tell you, they tell you what most people are doing, they show you the trend. The graphs don&#039;t tell you why, but then why doesn&#039;t matter. It really doesn&#039;t. The only thing that does matter is the direction the market in moving in. And by knowing that, you should know what it is that you should do. This is the nature of all markets. You don&#039;t need to know why, because nobody can ever know why, you just need to know what is happening.[/QUOTE]</p><p><br /></p>

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