Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
So... gold at $1900
>
Reply to Thread
Message:
<p>[QUOTE="TreasureSlugN1851, post: 2035565, member: 72934"]Let me ask you something Jeff!!! What caused that tremendous drop in coin values in 1989???</p><p><br /></p><p>One of the reasons was investors covering their A**es from the big stock market crash... investors liquidated huge coin positions. That.... and FIGURE B- the SS Central America shipwreck was found... which destroyed coin values... 5100 1857s $20 were recovered destroying that coin. multiple others... everything all together created a perfect bubble. You look at the stock market... Realestate market, most markets have not only exceeded the chart you are showing above for all time highs and all time lows... and other markets have corrected these levels. broke through them, broke below... etc. Rare coins I would say are a lot less volatile... more of an easy moving non managing asset that slowly gain tremendous value... your NOT--- NOT looking to make millions on rare coins.... YOUR protecting the millions you have!!! Insurance![/QUOTE]</p><p><br /></p>
[QUOTE="TreasureSlugN1851, post: 2035565, member: 72934"]Let me ask you something Jeff!!! What caused that tremendous drop in coin values in 1989??? One of the reasons was investors covering their A**es from the big stock market crash... investors liquidated huge coin positions. That.... and FIGURE B- the SS Central America shipwreck was found... which destroyed coin values... 5100 1857s $20 were recovered destroying that coin. multiple others... everything all together created a perfect bubble. You look at the stock market... Realestate market, most markets have not only exceeded the chart you are showing above for all time highs and all time lows... and other markets have corrected these levels. broke through them, broke below... etc. Rare coins I would say are a lot less volatile... more of an easy moving non managing asset that slowly gain tremendous value... your NOT--- NOT looking to make millions on rare coins.... YOUR protecting the millions you have!!! Insurance![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
So... gold at $1900
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...