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How far have coin values fallen?
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<p>[QUOTE="GDJMSP, post: 2693942, member: 112"]It isn't ? Exactly which peak are you talking about ? I am, and have been for years now, talking about the peak they reached in 2008.</p><p><br /></p><p>The last bull market began in late 2001, and there were only modest gains from 2001 to 2004. And today, values have to dropped to where they were in 2004. That sure sounds like losing almost all their gains to me. </p><p><br /></p><p>Using those graphs which cover the last 47 years there are only 2 periods when the market has been lower than it is today: from 1970 to 1985, and from 1993 to 2004. So in order to show gains you would have to have bought coins during those 2 time periods. All other purchases would show a loss. (And the gains made from '93 to '04 are very modest.)[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2693942, member: 112"]It isn't ? Exactly which peak are you talking about ? I am, and have been for years now, talking about the peak they reached in 2008. The last bull market began in late 2001, and there were only modest gains from 2001 to 2004. And today, values have to dropped to where they were in 2004. That sure sounds like losing almost all their gains to me. Using those graphs which cover the last 47 years there are only 2 periods when the market has been lower than it is today: from 1970 to 1985, and from 1993 to 2004. So in order to show gains you would have to have bought coins during those 2 time periods. All other purchases would show a loss. (And the gains made from '93 to '04 are very modest.)[/QUOTE]
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How far have coin values fallen?
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