Due Dilligence

Personally I think theres about the right amount of subforms if not maybe a few sub sub forums too many. Getting too fractured having to chase threads down everywhere that get moved ect isn't really a good thing in my opinion.

I honestly think its just nothing more than a lack of buying right now. There generally isn't really much new in the pure bullion world and right now all the ASE focus has shifted to the special set thats on sale right now as that threads on fire.

You mentioned that how to stack threads, but if people arent stacking at the moment there wont be any of those. Huge drops in prices arent going to lead to large amounts of new stackers either. When the price was on the way up or sitting in the 30s they were everywhere, but like everything else as soon as something starts losing value the fad for lack of a better term as worn off.

Think about beanie babies, they used to sell for thousands when they were hot and people all over the place were getting in thinking they would make money, as soon as people started losing money no one knew came in and it dried up. Thats not to say no one is buying coins but good number of stackers are collectors as well and have turned their focus more towards numismatic items with the price action.

Its one of those human nature things where when things are at an all time high everyone wants a piece of it which is how a lot of people get burned on all kinds of investments. When things are sliding and youre losing money just like in stocks everyone wants out and in the case of stacking only the most dedicated of stackers remain at that point.

Not to mention there was about 2-3 years of heavy stacking going on. We know that part of the population has no interest in coins or stacking which already gives a limited base. Then we know from there the constant stackers are an even smaller percentage. With 2-3 years of heavy buying theres a good number of people that just reached a point that said I have enough. Maybe some got more into coins and went to numismatic as well. The SHTF stacker though presumably has a goal they wanted to reach that they would get to one day.

Then throw on top of all of that the fact that a lot of bullion in a lot of ways is becoming more numismatic in nature aside from the ASEs and Maples. Take the Britannicas for instance, while technically a bullion round nothing about them is priced like one which gives a limited base of what can be talked about. ASEs and Maples from a bullion standpoint havent and probably wont change so theres only so much to talk about. Also like you mentioned there are a lot of threads on how to stack that can easily be found if someone looks.

Id also add that the price threads have always been here, the only reason they seem more abundant is because the buying threads disappeared. The main price threads been going on for about 3 months so its not exactly fresh and really with the downward movement price is the thing that most people probably think about first right now and imo is the most interesting part of whats happening with pms.

I will concede there may be a few more of them from people posting in the other forums and getting it moved here which is one of the downfalls of having all the different forums. New members dont know where to look and you get a ton of duplicate threads that end up getting moved. It doesn't bother me just kind of is what it is. I cant remember if you post in the threads or not but the ASE set thread and the 5 oz puck thread does occasionally get metal price talk too so some has spilled over into other topics as well.

If the price took a massive upswing though all the threads would turn to where to buy who has the best prices ect like during the sell out. The threads really are nothing more than a result of what the metals are currently doing and how people are responding to that. Its not just new people either, some is long time members who have reevaluated the market the new new movements and adjusted their actions accordingly to what they feel is best for them. Other coin forums PMs sections are pretty identical to this one as well for whats currently being discusses with some taking world politics into account more than others.

Heard somewhere that the Gold drop is pegged to the Japanese Yen(purposely/manipulated) , as the Yen drops so will gold/silver, possibly to the $800 to $900 dollar range, just a rumor but could be a possibility.Then again might be a bunch of bunk...

Your theory is a good as anyone else's Mate and it wasn't long winded either
Good on ya Mate



I was quite serious with that suggestion.
if the insurgents had to listen to this waffle for long enough they would run out of the hills with their fingers in their ears begging to surrender.

I agree with the others - the topic today isn't about what to buy where and what prices are - it is where is it heading and when will it stabilize... so there are bound to be pontifications - historical references and all sorts of soothsaying...

Once the PM joyride ends... we can get back to buying!

Thanks for starting this topic Libertad, I joined this site because it is a COIN community not a market trading site, not a stackers site (albeit some here surely do stack as well), not a site to show egos (we all have one but most don't feel a need to caress theirs on an internet site on a daily basis) and certainly not an 'investment advice' site.

Whether a coin is worth more or less now than when I bought it because it contains precious metals is neither here nor there to me, I bought it because I wanted it and deemed whatever price it cost at the time appropriate and fair. For me this hobby is about the coins first and foremost, what some are made of is purely secondary.

Norm

My suggestions for people that don't like the current hot topic on this forum:

1. If you are not interested in a topic don't read the thread
2. If you are interested in a topic, start a thread talking about it. If you want to see pictures of coins, take some pictures and post them. Start a topic telling people what you collect and why. Stop complaining that others aren't talking about what you are interested in and do something to change the focus.

As Baseball has stated, when PM's were on their way up there was no shortage of "look what I got" and "how high will PM's go" threads. Now that PM's are on the way down the big topic is "how low will it go".

If anybody recalls the History channel special about the men who built America....

Was in not Vanderbilt that saw an oppurtunity when the railroads took a dive and was the only one buying when everyone else was headed for the door, which allow him the oppurtunity to buy all the UNWANTED STOCK (pm metaphor duh lol) which in turn allowed him to corner market and build a railroading empire....

I have less then 1 oz of silver in house and as many know along the last three or four years I have made a little verses losing much in pmz and have had a ball doing it along the way. Wouldn't matter to me if silver hit 1 buck tommorrow other then I now have the best buying window in history staring at me, which when history is said and done may be the days we live today....

Fortunately due to my grandfather slaving his life aways and saving every penny he ever made, I will now receive a small house which yields 500 a month in rent and enough cash to buy a place of my own and ERASE ALL debt to zero....

At that time when I have my own home, I will then look back to stocking silver once again and hope it remains as low or drops even more....

I prefer when all the sheep get side tracked as it makes getting what I want that much easier and that much cheaper....

I wasn't telling anyone to shut up. I said don't read the topic if you aren't interested in the topic. Life is too short to read and then complain about things you aren't interested in.