That's funny. Only two types of people buy gold, and those are the two types. What about the guy that buys gold because if holds his value, and he puts it away as an insurance policy?
JB sounds like someone who both doesn't have a clue what he is doing and someone who, after being given various opinions, finds a way to criticize all of them (so why did he ask for opinions in the first place?!)
Erm, maybe substitute David Bowers. We do not like to really TALK about Walter Breen in the hobby, due to his other proclivities. OP, I do disagree with your characterization of "gold people". Just for the record, I own maybe 40 ounces of non-numismatic gold, 10 ounces of platinum, and a few thousand ounces of silver. I do not fit into your "two types" model, nor do I believe most people who post here do. Any post about asking if you should convert a bullion item to non-bullion item is bound to garner some strong responses on a bullion forum, since most here are adamant believers in owning bullion.
Glad I wasted my time reading this thread...The OP is just as bad as Goldcollector or whatever his name is.
Why? Breen's coin knowledge was far superior for breadth and depth. I am talking about coins. Period. Like him or not, he was a numismatic genius.
Then nothing is. What is that GM stock worth that Grandpa put away in the 1950s worth? Nothing. Gold is still the universal currency, and will always have value.
Eh. He has been attributed with tons of errors as well. For numismatics only he was a very well respected pioneer whose research was not always the most reliable, but whose contribution was invaluable regardless. The rest of his life was a travesty, between lying about background to seriously reprehensible behavior.