Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold closes just below $1812/oz
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 2048638, member: 26302"]Um, we always discuss what our opinions are for PM prices on the PM forum. I never claimed to "know", just my opinion. I have looked at hundreds of years of data, especially concentrating on the last 90 or so. From that, I have an OPINION as to where the market might go down to as a low point.</p><p> </p><p>Sorry for missing the wink.</p><p> </p><p>Btw, a lot more coins are not tied up in gold pricing than you think. Do you think I am melting down my Byzantine, Late Roman, Kushan, or Hunnic gold coins based on what the spot price of gold is? There are a heck of a lot more gold coins than only early US that are worth much more than melt. Most gold coins I own I purchased not because they were gold, but because I wished to own the coin and it was only minted in gold.</p><p> </p><p>Btw, you are in the BULLION forum, where people discuss INVESTING in BULLION. These investors do not really care about numismatic value, only investing in precious metals as a hedge to their portfolio of other assets, (like me), or as their sole investment vehicle, (some others here). We don't go onto the coin sections and make fun of people paying more than melt for coins, so why do you come into the bullion section making fun of people for talking about investing in precious metals?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2048638, member: 26302"]Um, we always discuss what our opinions are for PM prices on the PM forum. I never claimed to "know", just my opinion. I have looked at hundreds of years of data, especially concentrating on the last 90 or so. From that, I have an OPINION as to where the market might go down to as a low point. Sorry for missing the wink. Btw, a lot more coins are not tied up in gold pricing than you think. Do you think I am melting down my Byzantine, Late Roman, Kushan, or Hunnic gold coins based on what the spot price of gold is? There are a heck of a lot more gold coins than only early US that are worth much more than melt. Most gold coins I own I purchased not because they were gold, but because I wished to own the coin and it was only minted in gold. Btw, you are in the BULLION forum, where people discuss INVESTING in BULLION. These investors do not really care about numismatic value, only investing in precious metals as a hedge to their portfolio of other assets, (like me), or as their sole investment vehicle, (some others here). We don't go onto the coin sections and make fun of people paying more than melt for coins, so why do you come into the bullion section making fun of people for talking about investing in precious metals?[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold closes just below $1812/oz
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...