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<p>[QUOTE="Cloudsweeper99, post: 735510, member: 3011"]I think I'll take the evidence of multi-million ounce purchases over your friend's coin shop. But I agree with your observation that collectors who bought in earlier, and should of all people know better, seem to be the first people bailing out as the price rises. I guess it's one of those inexplicable things in life -- that the people who studied and lived with gold coins before they became popular might turn out to be the ones who profit the least from the gold bull market because they are so afraid of losing a small profit that they end up missing a large one. When silver broke through $10 a few years back there were all kinds of "this is the end and I'm selling" posts. There have been sporatic posts since about selling bullion. The next time silver goes above $20, you'll see another rush for the exits here while people with much less knowledge start to buy for the big move that still lies ahead.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 735510, member: 3011"]I think I'll take the evidence of multi-million ounce purchases over your friend's coin shop. But I agree with your observation that collectors who bought in earlier, and should of all people know better, seem to be the first people bailing out as the price rises. I guess it's one of those inexplicable things in life -- that the people who studied and lived with gold coins before they became popular might turn out to be the ones who profit the least from the gold bull market because they are so afraid of losing a small profit that they end up missing a large one. When silver broke through $10 a few years back there were all kinds of "this is the end and I'm selling" posts. There have been sporatic posts since about selling bullion. The next time silver goes above $20, you'll see another rush for the exits here while people with much less knowledge start to buy for the big move that still lies ahead.[/QUOTE]
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