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<p>[QUOTE=&quot;GoldFinger1969, post: 4030226, member: 73489&quot;]History has shown that when there is a bubble, <b><i>it can often take DECADES for the item in question to base or bottom.</i></b> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p><br /></p><p>In the case of Morgans, you have 2 silver and numismatic bubbles in the last 40 years whipsawing the sector.&nbsp; Add in the creation of the TPGs and lots of hoards increasing supply, and hyper-volatility has been the norm since 1978.</p><p><br /></p><p>The excess has certainly been wrung out and we may in fact be close to or at a bottom -- but that doesn&#039;t mean we&#039;ll be moving up appreciably for a few years.[/QUOTE]</p><p><br /></p>

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