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<p>[QUOTE="GoldFinger1969, post: 25315307, member: 73489"]<b><i>Randy, you remember the 1970's...gold had been $35 an ounce for DECADEs....all of a sudden it's doubled to $70...hits triple-digits at $100. $150....$200.</i></b></p><p><br /></p><p>Even with gold ~ $200-$300 for a few years it more than doubled in a few years.</p><p><br /></p><p><b>I think LIQUIDITY has nothing to do with the PRICE. </b>Liquidity to me is the daily ability to get in-and-out which for us small investors is fine. Jim Cramer always said that small investors had a huge advantage in that they could get in-and-out of even illiquid stocks/investment that institutions needed weeks or months to unload.</p><p><br /></p><p>While gold bars, bullion, gold coins, and numismatic gold coins are NOT as liquid as stuff in a Fidelity account, it's not real estate or art, either. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 25315307, member: 73489"][B][I]Randy, you remember the 1970's...gold had been $35 an ounce for DECADEs....all of a sudden it's doubled to $70...hits triple-digits at $100. $150....$200.[/I][/B] Even with gold ~ $200-$300 for a few years it more than doubled in a few years. [B]I think LIQUIDITY has nothing to do with the PRICE. [/B]Liquidity to me is the daily ability to get in-and-out which for us small investors is fine. Jim Cramer always said that small investors had a huge advantage in that they could get in-and-out of even illiquid stocks/investment that institutions needed weeks or months to unload. While gold bars, bullion, gold coins, and numismatic gold coins are NOT as liquid as stuff in a Fidelity account, it's not real estate or art, either. :D[/QUOTE]
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