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<p>[QUOTE="coinfreak, post: 23351, member: 1652"]I disagree that one has to know the coin market and its cycles in order to be successful in coin investing. With all due respect, I am not an expert however just like in the stock market there have been people who have made fortunes just by choosing to invest.</p><p><br /></p><p>Gold just may hit the $ 1000 dollar mark in the next two years. Can you imagine what effect that will have on pre1933 gold coins? Gold bullion coins?</p><p><br /></p><p>Silver will skyrocket in the next 5 years to 100 bucks an ounce IMHO what effect will that have on Morgan dollars and other silver coinage??</p><p><br /></p><p>All of these coins will skyrocket.</p><p><br /></p><p>Living in uncertain times that we do all kinds of people are looking for investments that they can hold and touch and keep locked underneath there floor boards. With the widespread outreach of the internet more and more people are going to be getting into the game. </p><p><br /></p><p>By the way I would love someone to tell me of a US coin that has gone down in value over a 40 year period. It does not happen. Though coin prices fluctuate they always go up over time.</p><p><br /></p><p>Oh by the way there is a guy in the newspaper willing to pay 3 cents for any wheat penny. I call that a 300$ growth and that is why I am not only buying coins at overblown retail but I am now a coin hoarder.</p><p><br /></p><p><br /></p><p>Thanks for letting me share.[/QUOTE]</p><p><br /></p>
[QUOTE="coinfreak, post: 23351, member: 1652"]I disagree that one has to know the coin market and its cycles in order to be successful in coin investing. With all due respect, I am not an expert however just like in the stock market there have been people who have made fortunes just by choosing to invest. Gold just may hit the $ 1000 dollar mark in the next two years. Can you imagine what effect that will have on pre1933 gold coins? Gold bullion coins? Silver will skyrocket in the next 5 years to 100 bucks an ounce IMHO what effect will that have on Morgan dollars and other silver coinage?? All of these coins will skyrocket. Living in uncertain times that we do all kinds of people are looking for investments that they can hold and touch and keep locked underneath there floor boards. With the widespread outreach of the internet more and more people are going to be getting into the game. By the way I would love someone to tell me of a US coin that has gone down in value over a 40 year period. It does not happen. Though coin prices fluctuate they always go up over time. Oh by the way there is a guy in the newspaper willing to pay 3 cents for any wheat penny. I call that a 300$ growth and that is why I am not only buying coins at overblown retail but I am now a coin hoarder. Thanks for letting me share.[/QUOTE]
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