Message:

<p>[QUOTE=&quot;GDJMSP, post: 2953704, member: 112&quot;]I think you need to learn how to read Kurt, or maybe see. Gold and silver were climbing rapidly in 2008 to 2012 while the coin market dropped rapidly. Gold and silver have remained basically the same from 2013 until now while coin prices have again dropped rapidly in the same period. </p><p><br /></p><p>As for the number of coins coming into the market increasing because of deaths - really ? Has there been a huge increase in the number of deaths in the last 10 years - or 20 for that matter, or maybe it&#039;s 5 ? To the best of my knowledge life expectancy has done nothing but increase and the number of deaths has decreased for decades. However, when the market drops, and does so steadily for a long period, and 10 years is a long period, for the typical bear market in coins only last from 5 to 8, then yes coins get sold because people want out before it drops more. That&#039;s what happens with all markets.</p><p><br /></p><p>But oh yes, I knew the bit about your claims that the number of collectors is and has been decreasing was going to come up. And that THAT would be your reason for the market dropping. But the Red Book doesn&#039;t list that as a reason for market dropping Kurt. </p><p><br /></p><p>And yet I&#039;m in the sophistry hall of fame ? Seems to me you&#039;re talking more about yourself than me. I never gave any specific reasons for the market dropping - none. All I&#039;ve ever claimed is that it was - and that why doesn&#039;t matter.</p><p><br /></p><p>And by the way Kurt, if the number of collectors is dropping so drastically as you claim, who exactly is buying all these hoards of coins that are coming onto the market because of deaths ? Don&#039;t suppose it would be collectors do ya ? Maybe a lot of them new collectors ? Kind of like all the evidence that has been discussed ad nauseam says there is ?[/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