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<p>[QUOTE="medoraman, post: 1795201, member: 26302"]Just saw this article, and thought it was a fitting followup to those here who posted in early 2013 how, "2013 is going to be the highest selling year in history" for Eagles. Well:</p><p> </p><p><a href="http://blogs.barrons.com/focusonfunds/2013/09/30/gold-coin-buyers-wrapping-up-a-stingy-september/?mod=BOLBlog" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://blogs.barrons.com/focusonfunds/2013/09/30/gold-coin-buyers-wrapping-up-a-stingy-september/?mod=BOLBlog" rel="nofollow">http://blogs.barrons.com/focusonfunds/2013/09/30/gold-coin-buyers-wrapping-up-a-stingy-september/?mod=BOLBlog</a></p><p> </p><p>Back to back two of the lowest months in the last 6 years of eagle sales.</p><p> </p><p>Not trying to start anything. I just have a long memory, and its very easy to come onto a board and make a bold prediction. Very few times are there any followup of how those predictions pan out. So, YTD, silver is down 31%, gold down 22.7%, while all equity markets are up strongly. All of the while, no one is wanting to buy gold, as evidenced by mint sales. I think I have busted about every balloon floated so far this year by those who argue only PM is worthy of investment.</p><p> </p><p>PM is a great contra investment. However, this year its contra to good investment performance. In that regard, as protection and as pretty things to collect, its not a bad buy. I only post this in case others try to make other arguments. Make up your own mind, but this is how its panned out so far, versus very different prognostications.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1795201, member: 26302"]Just saw this article, and thought it was a fitting followup to those here who posted in early 2013 how, "2013 is going to be the highest selling year in history" for Eagles. Well: [url]http://blogs.barrons.com/focusonfunds/2013/09/30/gold-coin-buyers-wrapping-up-a-stingy-september/?mod=BOLBlog[/url] Back to back two of the lowest months in the last 6 years of eagle sales. Not trying to start anything. I just have a long memory, and its very easy to come onto a board and make a bold prediction. Very few times are there any followup of how those predictions pan out. So, YTD, silver is down 31%, gold down 22.7%, while all equity markets are up strongly. All of the while, no one is wanting to buy gold, as evidenced by mint sales. I think I have busted about every balloon floated so far this year by those who argue only PM is worthy of investment. PM is a great contra investment. However, this year its contra to good investment performance. In that regard, as protection and as pretty things to collect, its not a bad buy. I only post this in case others try to make other arguments. Make up your own mind, but this is how its panned out so far, versus very different prognostications.[/QUOTE]
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