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<p>[QUOTE=&quot;Otter, post: 732249, member: 3464&quot;]Clearly there is a time and place for certain investments -- is it golds time now or has it already passed?&nbsp; I talked to several coin dealers in our local area today.&nbsp; Pretty consistently, they have said that bullion continues to move briskly.&nbsp; Key dates/ high value coins are also doing well.&nbsp; Common date coins, even in MS63+ are not.</p><p><br /></p><p>So lets talk GOLD.&nbsp; It seems like the Kitco article is right in as much as its move is tied to the weak dollar more than a supply/demand issue.&nbsp; Interestingly enough, I talked to a few folks in one coin dealer at the close of their bid board...people are beginning to hoard pre 82 Cents and Nickels.&nbsp; There is no downside (except of course inflation/loss of buying power) since they are paying face.&nbsp; I haven&#039;t checked the math, but one guy said the a nickel&#039;s intrinsic value is 94% of face.&nbsp; You gotta have a lotta rolls of Cents and Nickels to make much difference, but it amazes me that some people are feeling that way.</p><p><br /></p><p>One of my other interests are firearms.&nbsp; I talked to a couple of dealers over the past few days as I have been eyeing a purchase.&nbsp; Gun sales are still brisk -- not as immediately after the Presidential election.&nbsp; Ammo is in short supply, doesn&#039;t stay long, and is up 100% or more over the past few years.</p><p><br /></p><p>While anecdotal, it all does seem to confirm that some part of the population is fearful and one has to wonder how long the fear will last and the bubble burst IF in fact there is not a fundamental supply/demand relationship backin all of this up.</p><p><br /></p><p>Do we buy at $1100 only see it return to $900 in a few months???[/QUOTE]</p><p><br /></p>

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