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<p>[QUOTE="The_Cave_Troll, post: 345960, member: 1674"]now is the right time to buy! Everyone who held gold coins as an investment is taking their profits at the moment, which means that there is an abundant supply of gold on the market right now. This means that the premiums that coins had a year or two ago have been thinned out (i.e. a generic Saint in 64 is selling for about $1250 right now which is only 275 above it's melt price, for a nice coin; whereas 2 years ago when gold spiked over $650 they were selling for about the same price which was double the melt price). The value has increased on this coin because 2 years ago you could only get $650 worth of gold in your MS64 saints and now you can get nearly $1000.</p><p><br /></p><p>The other reason to be buying is that there is no indication that the politics governing the ongoing devaluation of the US$ are changing anytime soon meaning that inflation will continue and gold is a good store of value during inflationary period.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 345960, member: 1674"]now is the right time to buy! Everyone who held gold coins as an investment is taking their profits at the moment, which means that there is an abundant supply of gold on the market right now. This means that the premiums that coins had a year or two ago have been thinned out (i.e. a generic Saint in 64 is selling for about $1250 right now which is only 275 above it's melt price, for a nice coin; whereas 2 years ago when gold spiked over $650 they were selling for about the same price which was double the melt price). The value has increased on this coin because 2 years ago you could only get $650 worth of gold in your MS64 saints and now you can get nearly $1000. The other reason to be buying is that there is no indication that the politics governing the ongoing devaluation of the US$ are changing anytime soon meaning that inflation will continue and gold is a good store of value during inflationary period.[/QUOTE]
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