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<p>[QUOTE="GoldFinger1969, post: 4031249, member: 73489"]<b>Let me tell you all of a conversation I had recently, which should warm the hearts of some of you Gold Bugs.</b></p><p><br /></p><p>Friend of mine is a fairly successful Wall Street trader, now manages $$$ for himself and F&F. Was never a big hitter or got 6 or 7-figure bonuses, but saved his $$$ and invested wisely. Early-60's.</p><p><br /></p><p>Not super-rich but very comfortable....has about $10 MM net worth, so he lives off his dividends/interest of a few hundred thousand a year. Again, he wouldn't consider himself "rich" as he has to work to afford his nice suburban lifestyle and he has high expenses (4 kids in college or about to go, healthcare premiums of $30K a year, property taxes north of $20K, etc.).</p><p><b><br /></b></p><p><b>I went to a local coin show with him a few years ago, but he's never been big into gold (no dividends or interest which is his big thing to live off of). </b> Tried to get him to go to other shows but always busy with family stuff.</p><p><br /></p><p>Anyway.....he was on my email blast detailing all the fun I had at FUN....mentioned what a great time I had....talked a bit about what I bought, what I saw, CT friends I met, etc.</p><p><br /></p><p><b>He responds back.</b>..."<i>Hey, get me a list in a few months of dealers or coin shows I can buy gold coins in size."</i></p><p><br /></p><p><b>So I responded,</b> "<i>Sure, not a problem, plenty of places or shows...what are you talking about, 10 or 20 coins ?</i>"</p><p><br /></p><p>He comes back with: "<b><i><span style="color: #ff0000">No, I am thinking more like 200 or 300 coins !!</span></i></b>"</p><p><br /></p><p><b><i>WTH !!!!??? </i></b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p><br /></p><p>So this is 1 guy who never bought more than token amounts of gold and now is talking about putting 5-10% into gold coins of his hard-earned, serious portfolio.</p><p><br /></p><p>Multiple that by tens of thousands of people, maybe millions, some with lots more $$$ and even lots of others with less (but in greater numbers).....it could be like a stadium full of people trying to enter the stadium all through 1 door.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4031249, member: 73489"][B]Let me tell you all of a conversation I had recently, which should warm the hearts of some of you Gold Bugs.[/B] Friend of mine is a fairly successful Wall Street trader, now manages $$$ for himself and F&F. Was never a big hitter or got 6 or 7-figure bonuses, but saved his $$$ and invested wisely. Early-60's. Not super-rich but very comfortable....has about $10 MM net worth, so he lives off his dividends/interest of a few hundred thousand a year. Again, he wouldn't consider himself "rich" as he has to work to afford his nice suburban lifestyle and he has high expenses (4 kids in college or about to go, healthcare premiums of $30K a year, property taxes north of $20K, etc.). [B] I went to a local coin show with him a few years ago, but he's never been big into gold (no dividends or interest which is his big thing to live off of). [/B] Tried to get him to go to other shows but always busy with family stuff. Anyway.....he was on my email blast detailing all the fun I had at FUN....mentioned what a great time I had....talked a bit about what I bought, what I saw, CT friends I met, etc. [B]He responds back.[/B]..."[I]Hey, get me a list in a few months of dealers or coin shows I can buy gold coins in size."[/I] [B]So I responded,[/B] "[I]Sure, not a problem, plenty of places or shows...what are you talking about, 10 or 20 coins ?[/I]" He comes back with: "[B][I][COLOR=#ff0000]No, I am thinking more like 200 or 300 coins !![/COLOR][/I][/B]" [B][I]WTH !!!!??? [/I][/B]:wideyed::wideyed::wideyed::wideyed::wideyed::wideyed: So this is 1 guy who never bought more than token amounts of gold and now is talking about putting 5-10% into gold coins of his hard-earned, serious portfolio. Multiple that by tens of thousands of people, maybe millions, some with lots more $$$ and even lots of others with less (but in greater numbers).....it could be like a stadium full of people trying to enter the stadium all through 1 door.:D[/QUOTE]
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