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<p>[QUOTE="imrich, post: 2805305, member: 22331"]I feel compelled to respond after better than a half century of buying/selling/trading "tangibles", operating businesses while being gainfully employed, etc..</p><p><br /></p><p>I've personally experienced the business, and investment cycles, having been partially liquidated by "big brother", and entities that control our finances. I believe only a fool is convinced they have control of their finances. It's reasonable to try and preserve a growing portion of "earned income", hoping to someday enjoy life "more". Enjoyment is a personal trait, where less can often bring more.</p><p><br /></p><p>I still have many coins that were purchased during the "Hunt brothers" era, and even more that were acquired during the recent optimism pertaining to PM. I don't share your recovery thoughts, but know that change is inevitable.</p><p><br /></p><p>I currently hold large, almost equal values of both Silver and Gold coins. I've found that "bullion" will generally always be considered that, only increasing it's price by others control of market. Coins are generally valued based also on other criteria, and can be independently individually valued, regardless of vested interest businesses and organizations dictates of worth.</p><p><br /></p><p>I have "butt-ugly" bags of Silver AU-BU pre-1965 scarce coins that were stored as less experienced participants here have suggested. I also have >century old pre-1933 U.S. Gold coins stored under the same condition which show no ill effects. The Gold coins enjoy all of the positive factors heretofore stated, while the Silver coins experienced some unmentioned. </p><p><br /></p><p>I believe the cost of commodities should never deter purchasing same, only frequency of acquisition. I probably wouldn't have hardly anything if I waited until conventional dictates allowed a purchase. DCA, I've found regardless of the inclination, is a good practice. Credit is based on current value and rating. A credit purchase with a premise that only "disposable income" is ventured, usually inflates purchasing power, and reduces risk of failure.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2805305, member: 22331"]I feel compelled to respond after better than a half century of buying/selling/trading "tangibles", operating businesses while being gainfully employed, etc.. I've personally experienced the business, and investment cycles, having been partially liquidated by "big brother", and entities that control our finances. I believe only a fool is convinced they have control of their finances. It's reasonable to try and preserve a growing portion of "earned income", hoping to someday enjoy life "more". Enjoyment is a personal trait, where less can often bring more. I still have many coins that were purchased during the "Hunt brothers" era, and even more that were acquired during the recent optimism pertaining to PM. I don't share your recovery thoughts, but know that change is inevitable. I currently hold large, almost equal values of both Silver and Gold coins. I've found that "bullion" will generally always be considered that, only increasing it's price by others control of market. Coins are generally valued based also on other criteria, and can be independently individually valued, regardless of vested interest businesses and organizations dictates of worth. I have "butt-ugly" bags of Silver AU-BU pre-1965 scarce coins that were stored as less experienced participants here have suggested. I also have >century old pre-1933 U.S. Gold coins stored under the same condition which show no ill effects. The Gold coins enjoy all of the positive factors heretofore stated, while the Silver coins experienced some unmentioned. I believe the cost of commodities should never deter purchasing same, only frequency of acquisition. I probably wouldn't have hardly anything if I waited until conventional dictates allowed a purchase. DCA, I've found regardless of the inclination, is a good practice. Credit is based on current value and rating. A credit purchase with a premise that only "disposable income" is ventured, usually inflates purchasing power, and reduces risk of failure. JMHO[/QUOTE]
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