Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
UHR vs MS 66 Saint
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 1379991, member: 13650"]Ok, are we comparing apples to apples or apples to oranges? If that index includes gold coins that were $10k+, then your statement holds true and they may have had huge fluctuations driving the line down.. In that same time period, not rare MS gold coins that were $700 are $1400 now. Then I'm right. </p><p> Do UHRs and MS-66 St. Gauden's fall under the rare category? I haven't looked them up. He's not looking to buy a $10k+ gold coin with huge numismatic value "available" to fluctuate. </p><p> My thoughts were that if he can purchase one or the other for around $3k, that in 10 years from now that may not be far from what the melt values would be. There's guaranteed inflation coming. The govt will not allow a deflationary collapse. The printing presses will trump deflation. They will shovel money out of helicopters before they let it collapse. They will type more digits into their computers. Which will also devalue their own debts. </p><p> I'm just saying the writing is on the wall. If anybody doesn't think it is, if you think the govt will get it's finances in order soon, then you should sell all gold now. At the level of purchasing the OP is considering, I don't see that much risk for loss (though there is some). The big gains may also take 50 years though. Which apparently is all he's looking for.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1379991, member: 13650"]Ok, are we comparing apples to apples or apples to oranges? If that index includes gold coins that were $10k+, then your statement holds true and they may have had huge fluctuations driving the line down.. In that same time period, not rare MS gold coins that were $700 are $1400 now. Then I'm right. Do UHRs and MS-66 St. Gauden's fall under the rare category? I haven't looked them up. He's not looking to buy a $10k+ gold coin with huge numismatic value "available" to fluctuate. My thoughts were that if he can purchase one or the other for around $3k, that in 10 years from now that may not be far from what the melt values would be. There's guaranteed inflation coming. The govt will not allow a deflationary collapse. The printing presses will trump deflation. They will shovel money out of helicopters before they let it collapse. They will type more digits into their computers. Which will also devalue their own debts. I'm just saying the writing is on the wall. If anybody doesn't think it is, if you think the govt will get it's finances in order soon, then you should sell all gold now. At the level of purchasing the OP is considering, I don't see that much risk for loss (though there is some). The big gains may also take 50 years though. Which apparently is all he's looking for.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
UHR vs MS 66 Saint
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...