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<p>[QUOTE="mostly_broncos, post: 2660909, member: 23538"]Here is what is wrong with 1 oz. coins ; the cause paralysis in a down market. Gold peaked at what $1875ish? While its going up you are fine , when it peaks and starts down you don't have any idea if its just a dip so hardly anyone sold out from 1875 down to 1700 but they started to get nervous if they had a stack of 1 oz coins. Because they now were going to lose 200 on each coin at least , so you sat there like a deer in the headlights , a lot of folks waited and watched all the way down to 1400 before they started unloading. If you had tenths , 20 francs 1/4 ounce coins etc. you could rebalance into some other investment a little at a time by selling off fractions of an ounce with a lot less psychological pain. </p><p><br /></p><p>Incidentally , the same thing happens with 1000 and 100 oz silver bars. There were plenty of saps that got stuck with 1000 oz. bars in 1981 that still had them decades later, some of those idiots didn't sell when silver ran up and probably still have them today. They pat themselves on the back at the low premiums per ounce when they buy but you can tell by looking at them when they are underwater they start to look a little green around the gills.</p><p><br /></p><p>There is no feeling quite like buying an ounce of gold at 400 , then seeing it hit almost 1900 and then missing the peak and never pulling the trigger.[/QUOTE]</p><p><br /></p>
[QUOTE="mostly_broncos, post: 2660909, member: 23538"]Here is what is wrong with 1 oz. coins ; the cause paralysis in a down market. Gold peaked at what $1875ish? While its going up you are fine , when it peaks and starts down you don't have any idea if its just a dip so hardly anyone sold out from 1875 down to 1700 but they started to get nervous if they had a stack of 1 oz coins. Because they now were going to lose 200 on each coin at least , so you sat there like a deer in the headlights , a lot of folks waited and watched all the way down to 1400 before they started unloading. If you had tenths , 20 francs 1/4 ounce coins etc. you could rebalance into some other investment a little at a time by selling off fractions of an ounce with a lot less psychological pain. Incidentally , the same thing happens with 1000 and 100 oz silver bars. There were plenty of saps that got stuck with 1000 oz. bars in 1981 that still had them decades later, some of those idiots didn't sell when silver ran up and probably still have them today. They pat themselves on the back at the low premiums per ounce when they buy but you can tell by looking at them when they are underwater they start to look a little green around the gills. There is no feeling quite like buying an ounce of gold at 400 , then seeing it hit almost 1900 and then missing the peak and never pulling the trigger.[/QUOTE]
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