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<p>[QUOTE="Daniel M. Ryan, post: 1244467, member: 32253"]I don't mean to shift the subject, but that's what I'm keeping my eye out for - not as a coin collector, but as a bullion investor. Every time I go down to the main bullion seller in my home town of Toronto (Scotiabank / Mocatta), I ask the security guard and/or a clerk how big the line-ups have been. Once they get really large, I figure, it's time for me to seriously consider bailing out. </p><p><br /></p><p>So far, despite the hoopla over gold and silver, the lines haven't been that long. The precious metals aren't at the bubble stage yet. </p><p><br /></p><p>It's something to watch for even as a coin collector. Should gold and silver go into bubbles - I'm sure they will - and the bubbles then burst, there'll be some incredible bargains in gold and silver coins. More so for the rarities, whose premiums tend to expand in precious-metal bull markets and shrink in bear markets - even more so if the burst bubble coincides with a(nother) serious recession. The trouble is, an asset that's been wrecked by a burst bubble take years to recover - like housing now - so buying at that time would have to be for love, not profit.</p><p><br /></p><p>With the special kind of regret that comes with hindsight, I realize that I could have been chasing some beauties on eBay in November of '08.[/QUOTE]</p><p><br /></p>
[QUOTE="Daniel M. Ryan, post: 1244467, member: 32253"]I don't mean to shift the subject, but that's what I'm keeping my eye out for - not as a coin collector, but as a bullion investor. Every time I go down to the main bullion seller in my home town of Toronto (Scotiabank / Mocatta), I ask the security guard and/or a clerk how big the line-ups have been. Once they get really large, I figure, it's time for me to seriously consider bailing out. So far, despite the hoopla over gold and silver, the lines haven't been that long. The precious metals aren't at the bubble stage yet. It's something to watch for even as a coin collector. Should gold and silver go into bubbles - I'm sure they will - and the bubbles then burst, there'll be some incredible bargains in gold and silver coins. More so for the rarities, whose premiums tend to expand in precious-metal bull markets and shrink in bear markets - even more so if the burst bubble coincides with a(nother) serious recession. The trouble is, an asset that's been wrecked by a burst bubble take years to recover - like housing now - so buying at that time would have to be for love, not profit. With the special kind of regret that comes with hindsight, I realize that I could have been chasing some beauties on eBay in November of '08.[/QUOTE]
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