Message:

<p>[QUOTE=&quot;doug5353, post: 2111694, member: 73555&quot;]I&#039;ve collected both stamps and coins for well over 60 years now.&nbsp; I started to bail out about 10 years ago, and along the way, made 3 big consignments to Stack&#039;s, and glad I did.</p><p><br /></p><p>I&#039;m now about 90% stamps and 10% coins, and work 6 to 8 hours a day cataloging, organizing, writing ads, listing material, etc., pure enjoyment.</p><p><br /></p><p>I happen to think the dollar will peak no later than 2016-7, then begin a long decline; right now, the dollar&#039;s the cleanest (dirty) shirt in the laundry basket, as they say.&nbsp; If your entire asset structure is denominated in dollars (or worse, euros), I&#039;d say you have a beeeeeg problem. </p><p><br /></p><p>But I think bullion&#039;s the better investment.&nbsp; Every country in the world, even China, is technically bankrupt, and all this will end badly.&nbsp; The nominal value of outstanding derivatives is presently almost 20 times the GDP of the entire world.</p><p><br /></p><p>Watch <a href="http://www.youtube.com/watch?v=Q4b_Dt1Mq-k" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.youtube.com/watch?v=Q4b_Dt1Mq-k" rel="nofollow">www.youtube.com/watch?v=Q4b_Dt1Mq-k</a></p><p><br /></p><p>Investors will be looking for a place to park cash, and new paradigms to invest in, and I see a reasonably good future for coins, stamps, and art, so I&#039;m in no big hurry to sell.&nbsp; I think stocks, bonds, land, and housing will suffer big losses.</p><p><br /></p><p>One little-known fact is that during a prior period of economic chaos, the Great&nbsp; Depression of the 1930s, stamp collecting hit its peak popularity of the entire 20th Century, whereas coins did not bust out until the guys came home from World War II, and the first Redbooks emerged.&nbsp; I&#039;ll be gone one of these days, so none of this matters now, but in the meantime, I&#039;m enjoying my C-T time...</p><p><br /></p><p>If I were 30 and had 2 kids, I&#039;d be going nuts trying to figure out how to give them a good future.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in