Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
US Coin Market Stagnant
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 3875591, member: 68"]Many many years ago I warned people that there would be a general decline in coin prices preceded by a crash in 2008 that would last over a decade and perhaps as long as 20 years. The crash was just a cyclical financial move and the decline would result from demographic forces. </p><p><br /></p><p>Now with ability to see much of this behind us I believe we may emerge from this much sooner than I had predicted. Even though selling of classic coinage by baby boomers is not yet peaked the buying of it by younger people is somewhat faster than I predicted simply because boomers are retiring sooner than I expected allowing higher wages to the young. The turnaround this time will be marked by stock market woes (from a much higher level) and dramatic metals increases caused by a runaway federal government. The "wealth factor" from increasing metals prices will be plowed into the hottest coins which will continue to be moderns and whatever else young folks are buying at the time. Things like 1/2 OZ platinum could be scorching hot in 10 or 12 years. In the meantime even prices for classics will have begun a good turnaround and will eventually exceed all previous levels. There is no need to worry about these until 10 years after all cash is eliminated. As long as Bitcoin stays low real money is king. </p><p><br /></p><p>Just remember don't take investment advice from people on the net, don't invest in coins, and advice is never worth more than you pay for it.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 3875591, member: 68"]Many many years ago I warned people that there would be a general decline in coin prices preceded by a crash in 2008 that would last over a decade and perhaps as long as 20 years. The crash was just a cyclical financial move and the decline would result from demographic forces. Now with ability to see much of this behind us I believe we may emerge from this much sooner than I had predicted. Even though selling of classic coinage by baby boomers is not yet peaked the buying of it by younger people is somewhat faster than I predicted simply because boomers are retiring sooner than I expected allowing higher wages to the young. The turnaround this time will be marked by stock market woes (from a much higher level) and dramatic metals increases caused by a runaway federal government. The "wealth factor" from increasing metals prices will be plowed into the hottest coins which will continue to be moderns and whatever else young folks are buying at the time. Things like 1/2 OZ platinum could be scorching hot in 10 or 12 years. In the meantime even prices for classics will have begun a good turnaround and will eventually exceed all previous levels. There is no need to worry about these until 10 years after all cash is eliminated. As long as Bitcoin stays low real money is king. Just remember don't take investment advice from people on the net, don't invest in coins, and advice is never worth more than you pay for it.[/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
>
US Coin Market Stagnant
>
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...