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Pacificoin's Last 20 Posts
| Time To Stop Collecting
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Pacificoin
Pillar of the Community
Canada
5179 Posts |
 Posted 06/09/2025 8:21 pm
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Having been involved in numismatics since
1965 , dealer since 1978 , still having way too much
fun . I think I will prefer to die with a magnifying glass
in my hand . Numismatists tend to live unusually long lives!
That said have really pared down ALL BULLION , so I could
acquire Classics I thought would never own . |
| | Forum: Canadian Coins and Colonial Tokens |
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| Silver Going To Break Out
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Pacificoin
Pillar of the Community
Canada
5179 Posts |
Posted 06/05/2025 7:41 pm
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Let this sink in the Hunt Bros. tried to corner the Silver market .
Silver hit around $45 realistically in 1979 ..
And this...
$45 in 1979 is equivalent in purchasing power to about $198.22 today, an increase of $153.22 over 46 years. The dollar had an average inflation rate of 3.28% per year between 1979 and today, producing a cumulative price increase of 340.49%.
I am a coin dealer and would never invest in Silver or Gold or recommend any one do so .
Keep a small amount strictly for insurance purposes.invest elsewhere.
Profits from the coin business were invested in dividend paying stocks and real estate .
Far far more lucrative than gold or silver! |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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