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<p>[QUOTE=&quot;longnine009, post: 122780, member: 1886&quot;]I agree&nbsp; Roy.&nbsp; But I believe it pertains to all forms of investing today. What passes for &quot;investing&quot; in America *coins included* isn&#039;t investing, it&#039;s just&nbsp; gambling on some public psychotic episode.</p><p><br /></p><p>The fact is coin collectors do&nbsp; gamble in coins everyday when they play the resubmission lottery. They gamble everyday when they trust that an MS68 will stilled be viewed as an MS68 next year when they go to sell it. And if it doesn&#039;t pan out that way they may then fool themselves by saying &quot;it doesn&#039;t matter since they&#039;re a collector.&quot; That&#039;s the real danger, IMO, of being the Collector/Investor-- the danger of fooling yourself when you do lose money on coins. Could someone&nbsp; still say, &quot;it doens&#039; matter because I&#039;m a collector&quot; if they lose on a ETF? They could not make that claim unless they&#039;re collecting computer printouts.&nbsp; </p><p><br /></p><p>If coin ETFs existed coin collectors would know instantly&nbsp; where their collecting loyalties are at.&nbsp; They are in the actual coins that they actually look at.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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