Message:

<p>[QUOTE=&quot;GDJMSP, post: 1402863, member: 112&quot;]There were several Wall Street funds created - it caused a &quot;band wagon&quot; syndrome. But it was more than that. Look at that chart I posted, look where it is in &#039;86. PCGS opened it&#039;s doors in &#039;86 and NGC opened their&#039;s in &#039;87.</p><p><br /></p><p>What happened on that chart after &#039;86 is not a coincidence, but rather a direct result. The funds didn&#039;t come along until after the TPGs started up. More than any other thing, the TPGs caused that huge bubble.</p><p><br /></p><p>Think back a few weeks ago when that thread with the video of David Hall speaking and telling everybody how great the coin market was and what a good idea it was to buy coins at the current prices. That video was taped about 2 or 3 months before the bottom blew out of the coin market and everything collapsed. </p><p><br /></p><p>And Hall had been advertising like crazy and talking like that since &#039;86, and even before. It was all the dealers saying what &quot;great investments&quot; coins were now that the TPGs had arrived that contributed to the Wall Street funds even coming into existence. Wall Street merely decided they wanted in on the good thing too. And they were a bit too late. It blew up soon after the funds were created.[/QUOTE]</p><p><br /></p>

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