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Insane coin prices today: HA and CNG
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<p>[QUOTE="Plumbata, post: 4359773, member: 96864"]Thanks [USER=84905]@Tejas[/USER], that view summarizes my guiding perspective regarding the economy since I finished prepping food, medicine, PPE, tools/equipment etc for my immediate and extended family 6 weeks ago. I'm relatively young and resilient but my instinct continues to scream 24/7 that the the end of the global financial and economic system is nigh and a new paradigm or era will emerge. Ancient coins do indeed have a foot in both realms but unless you've been hoarding cheap circulated ancient gold I fear that the market will tank once the more secure/resilient demographic base of collectors gets pinched. Lowly employees and wage earners got hit first but everyone else will get their turn soon enough. Inflationary pressures thanks to the Fed may drive prices up in the short term, but the chickens will come home to roost soon enough. Prepare my friends.</p><p><br /></p><p>Also, while gold bullion makes sense I've been a silver PermaBull since I learned about the system as a child and backed up the truck when margin call selling tanked the spot price in March. Still buying bullion bars every day while my sales revenues can support it. There are less actual ounces of refined silver than ounces of gold in existence, and given the fundamentals plus the exigencies of global pandemic shutdown I expect silver to break the 1980 peak within 2 years, a spot price which would be equivalent to the buying power of 150 dollars in 2019.</p><p><br /></p><p>Maybe I'm dead wrong but my instincts have always been golden and I'm not going to stop listening now because a few vociferous individuals can't comprehend, let alone cope with the inevitable.[/QUOTE]</p><p><br /></p>
[QUOTE="Plumbata, post: 4359773, member: 96864"]Thanks [USER=84905]@Tejas[/USER], that view summarizes my guiding perspective regarding the economy since I finished prepping food, medicine, PPE, tools/equipment etc for my immediate and extended family 6 weeks ago. I'm relatively young and resilient but my instinct continues to scream 24/7 that the the end of the global financial and economic system is nigh and a new paradigm or era will emerge. Ancient coins do indeed have a foot in both realms but unless you've been hoarding cheap circulated ancient gold I fear that the market will tank once the more secure/resilient demographic base of collectors gets pinched. Lowly employees and wage earners got hit first but everyone else will get their turn soon enough. Inflationary pressures thanks to the Fed may drive prices up in the short term, but the chickens will come home to roost soon enough. Prepare my friends. Also, while gold bullion makes sense I've been a silver PermaBull since I learned about the system as a child and backed up the truck when margin call selling tanked the spot price in March. Still buying bullion bars every day while my sales revenues can support it. There are less actual ounces of refined silver than ounces of gold in existence, and given the fundamentals plus the exigencies of global pandemic shutdown I expect silver to break the 1980 peak within 2 years, a spot price which would be equivalent to the buying power of 150 dollars in 2019. Maybe I'm dead wrong but my instincts have always been golden and I'm not going to stop listening now because a few vociferous individuals can't comprehend, let alone cope with the inevitable.[/QUOTE]
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Insane coin prices today: HA and CNG
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