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<p>[QUOTE=&quot;Rono, post: 317175, member: 6492&quot;]Great post, Ambro, thanks,</p><p>&nbsp;</p><p>I concur with most everything you say (I think plain vanilla bullion will continue to do well).</p><p>&nbsp;</p><p>When the dot.com bubble burst, stock investors fled the market seeking some sort of safe haven with a good return.&nbsp; Where did they go?&nbsp; Real estate.&nbsp; And you&#039;ve all been witness to what happened.&nbsp; Another bubble and another bursting.&nbsp; As I write, the stock market is off to the worst start in history surpassing the previous nasty beginning in 1932.&nbsp;&nbsp; Should the stock market continue to melt down, either now or in a couple of years, where will folks turn to preserve capital while hopefully earning a fair return?&nbsp; Coins are as good a choice as most and with coins you can also buy rare gold and silver.</p><p>&nbsp;</p><p>There are some who are predicting a major collapse in the 2009/10 period which is when the baby boomers on average as a generation hit their peak earning years - thereafter becoming net/net disinvestors.&nbsp; I don&#039;t know.&nbsp; However, when you throw in the budget and trade deficits, costs of a endless war, the subprime fiasco, etc., things could get ugly in a hurry.</p><p>&nbsp;</p><p>Will any of this result in a new bull market for coins?&nbsp; That&#039;s hard to say.&nbsp; </p><p>&nbsp;</p><p>In my own case, I&#039;m looking at coins as both a collector and an investor and going forward as a store of wealth.</p><p>&nbsp;</p><p>I read a quote from old Baron Rothschild where he said one should have 1/3 of his wealth in securities, 1/3 in real estate and 1/3 in rare art.&nbsp; Well, I know nothing about rare art, but do know a little about coins.&nbsp; Wifey and I are top heavy securities - via retirement accts, etc.&nbsp; Therefore, over the next couple of years, I&#039;ll be converting some of this to coins.&nbsp; Now before everyone tees off on me, I&#039;ll only be buying slabbed coins that I would collect anyway if I had the discretionary income.&nbsp; I&#039;m not look for appreciation but for value stability.&nbsp; And I&#039;ll be going after the keys, again in the series that I&#039;ve been collecting for years.&nbsp; I&#039;ll also go after CC mint stuff - morgans and gold.&nbsp; Perhaps a higher end set of CC morgans (ouch on the &#039;89).</p><p>&nbsp;</p><p>Hey, I understand the stock market and have been investing directly for over 20 years.&nbsp; I&#039;m a momentum investor and I&#039;ve done very well.&nbsp; That said, I don&#039;t like the market right now and even less going forward.&nbsp; And I&#039;m still making money because I&#039;m long up to my ears in precious metals in one form or another - mutual funds, closed end funds, ETF&#039;s, and individual mining stocks including pink sheet OTCs.</p><p>&nbsp;</p><p>In summar, I think that Ambro is on to something and even though I think plain vanilla bullion will continue to do well, I concur completely.</p><p>&nbsp;</p><p>&nbsp;&nbsp; </p><p>just my opinion,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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