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<p>[QUOTE=&quot;rightime, post: 352480, member: 13425&quot;]:hammer:I think coin prices tend to go up or down with the price of gold and silver.</p><p>Right now, these two metals are going up, so now is a good time to sell, but they will be worth more as gold and silver go up..</p><p>If the financial markets start to crash, then is a good time to sell.&nbsp; Precious metals will crash too, but will be last.&nbsp; Coins will go down with precious metals.</p><p>The world is going to the Euro as the international monetary standard.&nbsp; This is happening now, before our very eyes.&nbsp; Other countries hold a lot of US treasuries backed by the dollar. About 1 1/2 trillion dollars worth.&nbsp; When the dollar is no longer the standard, these countries will want to start switching to the Euro.&nbsp; An international run on our treasuries, would cause a total financial collapse in the U.S.markets, and we would take the rest of the world with us.</p><p>The subprime mess is rocking the boat as I write this posting.&nbsp; Last week, the U.S. Secratary of Treasury called a press conference to tell the Nation that everything is under control and that the Fed is doing a great job. This makes me think that they are worried about the financial markets.&nbsp; The rest of the world is worried too, that is what is causing the rapid rise of the Euro against the dollar.&nbsp; I don&#039;t know where this is all going.&nbsp; I have diversified myself as much as possible, I also own some gold and silver as well as my coin collection.&nbsp; With the dollar receding, everything will cost more.&nbsp; Don&#039;t believe what the Government tells us about low inflation. Anyone who buys gas or food knows what inflation is.</p><p>So, hang on to your coins, and protect yourself as best you can, for whatever financial disaster awaits us.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p>rightime[/QUOTE]</p><p><br /></p>

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