Gold (USA TODAY)

Discussion in 'Coin Chat' started by texmech, Mar 6, 2010.

  1. texmech

    texmech Wanna be coin collector

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  3. krispy

    krispy krispy

  4. texmech

    texmech Wanna be coin collector

    Oh, should I have posted this in those threads?
     
  5. desertgem

    desertgem Senior Errer Collecktor

    Well, many won't like to hear what he says, which I think is fairly accurate. If a person hasn't watched the Euro ( $1.358), take its dive due to stability problems with certain member countries, they might be surprised. European vacations might actually be a winner next year if one has been waiting for a good time. I think the Euro has many bad days ahead.

    I was just interrupted by the doorbell, nice young lady wanted to buy my gold for instant cash she waved. When gold buyers go door to door, one has to wonder. That was really a strange episode since I was answering this! :)

    Jim
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"



    If you want in the future, When nice girls come to your door
    I will go ahead and get the door for you LOL :) and you can
    Stay on the phone ;)
     
  7. texmech

    texmech Wanna be coin collector

    I am just a dumb ol boy from Texas, but I thought gold and silver were kind of leveling off. I was shying away from gold coins because I thought they were peaking. What is everybody's opinion about gold and silver for the next few years? I ask this because I am spending some serious bucks on regular coins in the next few years. I have never bought gold and I have a lot of silver coins because they are in my favorite sets like Morgans, Rosie's and Washington.

    I think Europe will take care of Greece, so I don't think the currency markets will get all emotional over that. I know a few other countries are in similar predicaments, but not so sever like Greece.
     
  8. desertgem

    desertgem Senior Errer Collecktor

    But the more the stable Euro countries have to support Ireland, Greence, possibly Spain, Portugal and some of the more eastern countries, the more that currency will be stressed. I think the US dollar will strengthen over the next couple of months at least in response to these doubts. What it will do for pm will be interesting.

    Interesting read
    http://www.irishtimes.com/newspaper/opinion/2010/0306/1224265703747.html

    Jim
     
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