Message:

<p>[QUOTE=&quot;GoldFinger1969, post: 5540325, member: 73489&quot;]<i>I can understand &quot;overvalued U.S. market&quot; in 1988-90 during a bubble, or again in 2010-11....but what makes it &quot;overvalued&quot; today, in your opinion ?</i></p><p><br /></p><p><i>Also, how can the world markets be &quot;cheap&quot; if they have been rising for 17 years ?&nbsp; </i></p><p><br /></p><p><u>If we are saying world coins are &quot;cheap&quot; compared to the U.S. (relative not absolute cheapness <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ), are we just comparing absolute PRICES and saying world/foreign is cheap...because otherwise how can you compare different coins from the U.S. vs. The World....or even amongst all the world coins ?</u></p><p><br /></p><p>For instance....I can easily compare a Saint or a Morgan (each with 1 ounce or .75 ounces, approximately) of underlying metal and compare them to foreign gold or silver coins with similar content.&nbsp; If a Saint year with 1000 coins sells for $3,000 and gold is $2,000 and the foreign coins in question also have 1000 coins and sell for $2,400, that&#039;s cheap.</p><p><br /></p><p><b><i>Otherwise...how do you compare ? </i></b>&nbsp; If you&#039;re just going by absolute price, then that&#039;s like saying Tesla at $400 last March was &quot;expensive&quot; and IBM at $120 was &quot;cheap&quot; by comparison.&nbsp; IBM has done nothing since, TSLA is up 10-fold. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Of course, valuation metrics would have said something different than price on who was really cheap.&nbsp;&nbsp; That&#039;s how I can compare an American auto company to a European auto company and say which one is cheap since they&#039;re in the same business and produce the same product (a car).&nbsp; <i><b>How do we do this with totally dissimilar coins in different countries with different investors ?</b></i></p><p><br /></p><p><i>Are we just going by a population census or total number of coins to make the comparison ?</i>[/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