Local coin dealer conversation

I am splitting hairs like I usually do. I put about half my cash in on March 25th, and have got strong returns on the new money invested. But, like usual, didn't do all in, holding back half in case something else comes up.

 

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typo, O-120

 

Which was smart to put money back in when things were under valued

 

Is that Rick T's infomercials ?

 

Futures can be found here:

https://finviz.com/futures.ashx

"Big investors" do not get "inside information" sooner than you. David Einhorn, billionaire hedgie, was down 21% in Q1.

 

You did it right. Don't chase, the market will come back to you.

 

No. HSN.

 

Red
Oak
Presentation
Box

 

If you think premiums and prices are high now, just wait until we make a beeline for $3,000/oz. gold !

Well, if he uses FIFO accounting that will represent his low-cost stuff that he makes the most $$$ on....but wouldn't he replenish by buying from other dealers wholesale ? I thought that's what constitutes the bulk of the buying at conventions and coin shows ?

 

Patience. There’s plenty of time to lose your money.

 

Yeah, that is what he said. With shows and shops shut down, (and MN still under shutdown), he cannot replenish.