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<p>[QUOTE=&quot;Hrefn, post: 7757352, member: 115171&quot;]The Dow is up about 44% in the past 12 months.&nbsp; S&amp;P 500 is up 41% over the same time.&nbsp; Houses are selling for over the asking price in many areas, often sight unseen.&nbsp; Gasoline prices have just about doubled.&nbsp; You have to ask yourself whether the “things” you own are worth more, or are the dollars by which they are quantified worth less?</p><p>If the price rise in ancient coins is a fad, then it would make sense to moderate one’s spending until the coin market cools back down.&nbsp; But if the dollars themselves are declining in purchasing power, it makes sense to be more aggressive in acquiring coins.&nbsp; It is trading a depreciating asset for a (likely) more stable one.&nbsp; After all, a nice Roman denarius or uncirculated double eagle will probably always have a value in the market, even if the world economy craters, even if you are trading for coyote pelts and bushels of potatoes.[/QUOTE]</p><p><br /></p>

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