Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Venezuela in silver
>
Reply to Thread
Message:
<p>[QUOTE="John King, post: 2411582, member: 78398"]You would think that S. America would have zillions of silver coins. Mexico as well. The thing is there is a world silver spot market so that always comes into the equation. I looked at a chart of gold spot prices over the last 100 years and there have been at three spikes and long periods of decades when gold lost value. Really horrible investment unless you can read the future and the value of gold makes up much of the value of most gold coins (silver as well but not so much). It seems just after a economic crash the price of both gold and silver takes off, but nobody can predict these things. I don't remember anyone predicting the financial end of the world in 2006-7, but by 2011 the price of gold and silver were off the charts and then slide but had uptick lately. I feel better when I just collect coins for the hell of it. You know in 1933 FDR stopped sale of gold and gold coins in vaults was melted down thus making gold coins of late 1920's so valuable.[/QUOTE]</p><p><br /></p>
[QUOTE="John King, post: 2411582, member: 78398"]You would think that S. America would have zillions of silver coins. Mexico as well. The thing is there is a world silver spot market so that always comes into the equation. I looked at a chart of gold spot prices over the last 100 years and there have been at three spikes and long periods of decades when gold lost value. Really horrible investment unless you can read the future and the value of gold makes up much of the value of most gold coins (silver as well but not so much). It seems just after a economic crash the price of both gold and silver takes off, but nobody can predict these things. I don't remember anyone predicting the financial end of the world in 2006-7, but by 2011 the price of gold and silver were off the charts and then slide but had uptick lately. I feel better when I just collect coins for the hell of it. You know in 1933 FDR stopped sale of gold and gold coins in vaults was melted down thus making gold coins of late 1920's so valuable.[/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
>
World Coins
>
Venezuela in silver
>
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...