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<p>[QUOTE="desertgem, post: 4507780, member: 15199"]I have 10+ oz of gold coins, for the US coinage primarily, but my concern is that gold is not getting stronger but the US dollar and it's backing principles are getting much weaker. So an ounce may well increase if people have big hunks of cash to throw at it, but as current holders may need cash for food and other expenses, they may have to exchange it, and as more occurs, the price of exchange transactions should go down due to increased gold availability. Although some may proclaim to know the future of the world, I don't, therefore increased expenditures by the government to support American people, continued health threats from pandemic waves, if vaccines are available and effective, hope that no countries' idiots don't start wars or expansion threats, etc. No one can honestly know. We are living in the curse " May you live in interesting times" and it is still in progress. Also I expect the price of PM to be "manipulated" by those in control of extreme quantities for their financial gains, so one must be aware. IMO, Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 4507780, member: 15199"]I have 10+ oz of gold coins, for the US coinage primarily, but my concern is that gold is not getting stronger but the US dollar and it's backing principles are getting much weaker. So an ounce may well increase if people have big hunks of cash to throw at it, but as current holders may need cash for food and other expenses, they may have to exchange it, and as more occurs, the price of exchange transactions should go down due to increased gold availability. Although some may proclaim to know the future of the world, I don't, therefore increased expenditures by the government to support American people, continued health threats from pandemic waves, if vaccines are available and effective, hope that no countries' idiots don't start wars or expansion threats, etc. No one can honestly know. We are living in the curse " May you live in interesting times" and it is still in progress. Also I expect the price of PM to be "manipulated" by those in control of extreme quantities for their financial gains, so one must be aware. IMO, Jim[/QUOTE]
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