Discussion in 'Bullion Investing' started by Wandering Man, Sep 17, 2019.
I do think some of those coins can be valuable one day. Just not in your days...
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You Sir are a bully and you need to be banned just like you had Prez banned. He was banned for nothing while you are run free. Who did you pay off?
Excuse me ?
I had NOBODY banned -- I doubt I have that power and even if someone posted stuff I disagreed with the last thing I would do is have them censored or banned.
We had a spirited debate on value on some othe thread and that's been the extent of my interaction with him. He may have even LIKED or agreed with posts on other threads so I have no problem with him.
If I were as prickly and sensitive as you assumed I was, I would be asking YOU for an apology.
Sir, I sat right beside my friend and read this forum mod telling him he was banned for political comments WHICH DIDN'T HAPPEN. Since his voice was taken without cause and your comment that clearly mentioned the politics was ignored. You're still here and he's banned so I am speaking for him since he was not given any chance to rebut anything. He clearly did NOT mention politics in any way, shape or form yet that is the excuse his account gives for his being banned. Also as clear, it was YOU that mentioned politics and YOU were NOT banned. All anyone need do is re-read the 'bullion against the market' thread to verify what I say now. You also declared or threatened that he was on 'his game 5', clearly inferring he was about to be banned. I think the apology clearly deserves to be made to my banned friend and certainly not you. You are the one who should be suffering being banned right now. Not him. However the mod here falsely stated that my buddy was the guilty one. Can the mods not read? Apparently not. Apparently they just make up excuse and lies to ban someone they don't like for some strange reason. Again, YOU brought up politics and you're still here. It's clear things aren't on the up and up. I'll personally pay $100 for anyone that can show where my bud mentioned politics. I'll bet another hundred the person that DID use the term "leftist" (which is political) never got any penalty. Who would want to participate in a place that so boldly creates LIES to ban members? No apologies to him. No nothing. Just a 2 week ban FOR NO REASON. Clearly this place isn't what it pretends to be. Clearly bias is used to ban people they don't like and clearly they shield people (like you) who DO violate the rules and play these games. He was trying to get me to join here as he spoke very highly of the people here and thought I'd enjoy the place. Well believe me, he has a different take on this place now. I am just trying to shine a light on a highly biased public forum that uses deceit and lies to shield people and bans others for the supposed 'rules' that apparently only mean something and are applied to some people. Very sad and I will spread the word which members and which mods participate in this kind of deceit. $100 for anybody that can show me where politics were used by my friend Prez, and then another $100 for whomever can get the mod to acknowledge his deceit and show everyone who actually did what. What kind of place is this? Awful people. I have no idea why he thinks anything positive about this bs. Enjoy your freedom, Mr. Bully.
I don't know if that qualifies as political -- or just bad economics. Whatever....I didn't take offense, I didn't report it, I didn't object to it (except on substance by refuting it).
So don't blame me. I don't make the rules here, we're guests in somebody else's house.
This is a coin forum, that's what we/I are supposed to stick to.
I have. He banned Prez, but not you and I'm waiting for someone to show me where the political conversation occurred. on Prez's part. He can't though because it DIDN'T HAPPEN. You did use the term "leftist gobbleygook". That IS political. You're still here though and he is not. That's BS you know it and I know and anybody that can read knows it. How about you? Show me the political comments and I'll send you the $100. Prez can't "take it up with the moderators" because he's completely banned and oh, FOR NOTHING. What kind of crap is this? Whatever it is, it's highly dishonest.
I think Limited Production of special items (like the Enhanced Reverse Proof) are worth buying because they are unique and MIGHT (!) appreciate.
And really special items that don't have any comparables in the future -- like the 2009 UHR Saint Gaudens -- are definitely worth buying.
The biggest factor is going to be the price of the underlying PM and the premium to that PM when the coin comes from the mint. If you waited a few years, you could have bought the 2009 UHR alot cheaper. I suspect the same thing with Silver coins (including the ASEs) when silver was $45/oz.
This is part of what is confusing to me. Why would anyone take a hit selling a slabbed coin to a dealer who must make a profit to stay in business? Then I can come along and buy from the dealer and watch my investment grow?
The U.S. mint is producing some beautiful coins. But now I’m hesitant to buy anything.
We all get fair warning when we need to shut our mouths. Jim is fair with everyone. We gain points when we act stupid and it's not based on just one thread. Too many points will get you banned for life. A few will get you a short vacation. Don't trust your friend is giving you all the information.
@Rob943, please move your discussion to it’s own thread, or contact the people you are upset with by P.M.
I'm confused, who's taking the hit selling a TPG coin ?
OVER TIME, I guess the coins (might) appreciate. YMMV, I guess. But like it's been said all over here and the Internet, like the coins but don't count on them going up over time.
You have 3 major factors when the Mint comes out with a new product: the premium to underlying PM (Gold or Silver) for the coin....the absolute level of Gold or Silver....and how much pent-up demand to "buy it now" there is.
If all 3 work against you, you can be under water forever. So it might pay to wait and buy down the line in the secondary market.
With the 2009 UHR Saint, I only wanted one so I didn't care that much about price. Had I wanted 10, I probably would have waited to buy the bulk of them instead of getting them all out of the gate.
I'll say it again: I don't see how this works.
Goldbugs like to say gold holds its value. Their favorite comparison seems to be that an ounce of gold would buy a fine toga in ancient Rome, would buy a fine men's suit in the 1800s, and will buy a fine men's suit today.
Of course, if you'd spent that ounce of gold on a fine men's suit in 2011-2012, you might have gotten an $1800 suit, but if you'd spent it in 2016, you'd have gotten only a $1200 suit. Today, $1500 (oops, $1475 now).
Meanwhile, though, if you'd put $1800 into equities (say, an index fund tracking the S&P) in 2011-2012, you'd have over $4000 worth today, not even counting dividends. If you'd put it into real estate -- well, it depends on what real estate, where it was and what you did with it, but it's likely that appreciation and possibly rent would put you well ahead of taxes and maintenance.
Assuming that PMs hold their value, how do you MAKE money with them?
The answer, of course, is by assuming their value will go up -- but there's absolutely no guarantee that will happen. Their fiat price will surely go up in the long term, but why would you want to make fiat money?
If you're arguing that PMs are better than greenbacks stuffed under a mattress, you win -- congratulations, I guess. But a set of working investments will surely beat a lump of PMs sitting in a vault over almost every interval.
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