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<p>[QUOTE=&quot;Doverboy, post: 680083, member: 18278&quot;]Yes, it appears that gold has gone through its resistance level and may very well go over $1,000 per ounce.&nbsp; That said, I believe you should not even consider buying bullion at what may very well be the top of the market, even over the long-term.</p><p><br /></p><p>Although conventional wisdom dictates that current U.S. fiscal policy will lead to possible hyperinflation, there are many indicators that point to a sustained deflationary period as well.&nbsp; You need to ask yourself which is more likely:&nbsp; a run up on gold to $1,500 or a downturn back to the $600 level?&nbsp; My personal opinion is that whatever run up we see in the short-term will be retraced completely longer-term.</p><p><br /></p><p>Now is a great time to be a seller of gold and very risky to be a buyer.</p><p><br /></p><p>If you are looking to add tangible assets, like coins, to your portfolio, I would advocate to purchase high-quality, rare coins instead of coins mostly derivative of bullion value.&nbsp; Furthermore, cost-averaging is essential as others have pointed out.&nbsp; Do your homework and make your purchases over time because the coin market fluctuates jut as every other market.[/QUOTE]</p><p><br /></p>

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