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Why has my classic coin dropped in value?????
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<p>[QUOTE="USMoneylover, post: 975537, member: 26802"]I agree that the price of gold will eventually drop as the economy improves. I also agree if you bought gold today and put it in a safe and forgot about it for 10 years there is a good chance you would lose some money. My thoughts are most people aren't going to invest in gold, or anything for that matter and just forget about it for 10 years. The decreasing value of the dollar, and the poor state of the economy has caused the value of gold to increase, and I think there are more than a few economists who agree that we haven't seen the worst of it. This makes me believe that we haven't seen the ceiling for the value of gold.</p><p>This is where opinions on where the economy is headed come into play. I disagree that you shouldn't buy gold solely on the fact that the price is high, unless of course you think the economy is on the rebound.</p><p><br /></p><p>These are just my opinions and I welcome other people's opinions as i never know when i can learn something new.[/QUOTE]</p><p><br /></p>
[QUOTE="USMoneylover, post: 975537, member: 26802"]I agree that the price of gold will eventually drop as the economy improves. I also agree if you bought gold today and put it in a safe and forgot about it for 10 years there is a good chance you would lose some money. My thoughts are most people aren't going to invest in gold, or anything for that matter and just forget about it for 10 years. The decreasing value of the dollar, and the poor state of the economy has caused the value of gold to increase, and I think there are more than a few economists who agree that we haven't seen the worst of it. This makes me believe that we haven't seen the ceiling for the value of gold. This is where opinions on where the economy is headed come into play. I disagree that you shouldn't buy gold solely on the fact that the price is high, unless of course you think the economy is on the rebound. These are just my opinions and I welcome other people's opinions as i never know when i can learn something new.[/QUOTE]
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Why has my classic coin dropped in value?????
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