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<p>[QUOTE=&quot;Juan Blanco, post: 1613767, member: 41665&quot;]I&#039;ve never read/heard anyone preaching &quot;the hobby is crashing into oblivion&quot; - but a few here allude to this. Reminds me of querrulous Paper-Bug rhetoric on financial forums, demanding investors &quot;Sell Your Gold!&quot; to &quot;Buy US stocks NOW!&quot; (As if Gold were to blame for stocks&#039; poor decades&#039; performance.) Problem is, <i>almost NO US INVESTORS own any Gold investments </i>... so it&#039;s a bizarre assumption that misses the fundamental point: that retail play-dough of the gaga 80s-90s is lost. It&#039;s a Paper-Ploy of look elsewhere, blame something else, spin lies/make-believe. Whatever we do, we cannot admit <i>investor exhaustion</i>, the end of the paved road, or anything like grossly overvalued Paper equities lol The Peak is in, for US coins likewise: charts show!</p><p><br /></p><p>But look at the median age of the average collector spending $100./mo (or whatever) inflation &amp; wage-adjusted across three decades. If that avg collector is getting a year older every year (for example) then there&#039;s an obvious replacement problem. Remove the inordinate fixation on rich collectors, and the demographic reality of the middle mkt becomes glaringly apparent. Numbers I&#039;ve seen suggest an average Age 60+ for serious collectors: that&#039;s almost geriatric. </p><p><br /></p><p>Compare &amp; contrast the younger demographic crisis facing Harley-Davidson, as explained here. <a href="http://wmoon.files.wordpress.com/2010/11/u-s-birthrate-1909-2003.png" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://wmoon.files.wordpress.com/2010/11/u-s-birthrate-1909-2003.png" rel="nofollow">http://wmoon.files.wordpress.com/2010/11/u-s-birthrate-1909-2003.png</a></p><p><br /></p><p><br /></p><p>No it&#039;s not same-same but it&#039;s a similar bell-wether. A scary-big &#039;older old collector&#039; segment dominating the current US coin mkt only insures liquidations sooner rather than later. To &quot;oblivion&quot; NO but YES the seeds of this demographic crisis were sown decades ago. </p><p><br /></p><p>Sure, coins will always be &#039;worth something&#039; but what? Alot less than most here are willing to admit. (Of denial: I&#039;d agree if they&#039;re <i>dead and wrong</i> it won&#039;t matter to them anyway.)[/QUOTE]</p><p><br /></p>

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