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<p>[QUOTE="Mr. Coin Lover, post: 453784, member: 16060"]Back a few months ago when silver went to $20.00 and gold went to a $1000.00 there were predictions all over the internet, magazines, and paper that we were going to silver above $30.00 and gold above $1500.00, but we didn't. I'm not saying it won't happen someday, but just how much worse are things going to have to be for this to happen? I know about the "paper" precious metal futures keeping the price down, but regardless of what reason the prices retreated. I think people take a big chance with bullion because all you have is the price of the metal. Plus to really make any money you have to invest alot and the price has to really go up big to make any "real" money. I much prefer coins for several reasons. I buy them because I want the actual coin, coins are nicer to look at than bullion, and if you do ever want to sell some coins they are liquid assests. I don't buy coins really to invest, but it does feel okay to know your coins are worth more, maybe even much more, than what you paid for them. After saying that all coins I purchase come from my disposable income, not money intended for saving or investment.[/QUOTE]</p><p><br /></p>
[QUOTE="Mr. Coin Lover, post: 453784, member: 16060"]Back a few months ago when silver went to $20.00 and gold went to a $1000.00 there were predictions all over the internet, magazines, and paper that we were going to silver above $30.00 and gold above $1500.00, but we didn't. I'm not saying it won't happen someday, but just how much worse are things going to have to be for this to happen? I know about the "paper" precious metal futures keeping the price down, but regardless of what reason the prices retreated. I think people take a big chance with bullion because all you have is the price of the metal. Plus to really make any money you have to invest alot and the price has to really go up big to make any "real" money. I much prefer coins for several reasons. I buy them because I want the actual coin, coins are nicer to look at than bullion, and if you do ever want to sell some coins they are liquid assests. I don't buy coins really to invest, but it does feel okay to know your coins are worth more, maybe even much more, than what you paid for them. After saying that all coins I purchase come from my disposable income, not money intended for saving or investment.[/QUOTE]
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