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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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<p>[QUOTE="fatima, post: 1582989, member: 22143"]^You didn't answer the question. I will restate it for you. </p><p><br /></p><p><b>Why are you using numismatic sales to quantify gold bullion ownership?</b> Bullion investing, by definition means, gold & silver investing with no numismatic value taken into account. Either you don't understand the difference or you are quoting statistics where you have incorrectly concluded what they mean. Your choice. </p><p><br /></p><p>This simple example further demonstrates how your statements simply don't reflect any kind of reality In 2010 the US Mint sold the following American Gold Eagle coins</p><p><br /></p><ul> <li>Bullion Version - 1,125,000 <- Is not considered numismatic</li> <li>Proof Version - 60,000 <- numismatic</li> </ul><p><br /></p><p>Furthermore these coins, as you incorrectly state, are not sold by the same mechanisms. The bullion version is sold through retailers, the proof version is sold directly by the US Mint and for significantly more money. You can't use the number of numismatic collectors to determine gold ownership. Period. </p><p><br /></p><p>I get the feeling you don't know much about physical gold ownership.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1582989, member: 22143"]^You didn't answer the question. I will restate it for you. [B]Why are you using numismatic sales to quantify gold bullion ownership?[/B] Bullion investing, by definition means, gold & silver investing with no numismatic value taken into account. Either you don't understand the difference or you are quoting statistics where you have incorrectly concluded what they mean. Your choice. This simple example further demonstrates how your statements simply don't reflect any kind of reality In 2010 the US Mint sold the following American Gold Eagle coins [LIST] [*]Bullion Version - 1,125,000 <- Is not considered numismatic [*]Proof Version - 60,000 <- numismatic [/LIST] Furthermore these coins, as you incorrectly state, are not sold by the same mechanisms. The bullion version is sold through retailers, the proof version is sold directly by the US Mint and for significantly more money. You can't use the number of numismatic collectors to determine gold ownership. Period. I get the feeling you don't know much about physical gold ownership.[/QUOTE]
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