Gold Price Vs Gold Coins - Coin Community Forum

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Author	Replies: 4 / Views: 1,375
terry8835 Pillar of the Community United States 1450 Posts	Posted 12/28/2015 10:06 pm According to Money Magazine if you chart the price of gold since 1975 the inflation adjusted price should be $833 an ounce today. Of course the actual price has been all over the map in the last decade. What this does mean that if the price of gold reverts to its average price it would fall 22% from this point. This would surely affect the price of gold coins, especially more common ones. The thing is that there is almost no way to predict where the price will go because it reacts to things like economic panics, wars, disasters and inflation. Myself, I am betting it will continue to fall back towards it average price adjusted for inflation. Report this Post to the Staff

Justinwd Valued Member United States 311 Posts	Posted 12/28/2015 10:56 pm I hope it falls, I can't wait to add a gold coin too my collection. Report this Post to the Staff
CO Collector New Member United States 30 Posts	Posted 12/29/2015 01:25 am I agree that gold will likely go down in 2016. But not for the reasons you think. "...the assumptions of most investors — that gold rises during times of inflation, or serves as a hedge against a collapsing dollar — don't measure up. The most likely explanation for why gold prices go up is because gold prices are going up." http://www.forbes.com/sites/danielf...a-centurion/ And conversely, why do gold prices drop? Because prices are going down. Just another example of herd mentality. Report this Post to the Staff
CO Collector New Member United States 30 Posts	Posted 12/29/2015 01:43 am Gold is going... My Question: If you knew for an absolute certainty that gold would drop to $900 in 2016, what would you do? Yup, we live in interesting times. Report this Post to the Staff
Cascade Pillar of the Community United States 7390 Posts	Posted 12/29/2015 08:25 am That's easy. If I and I alone knew with absolute certainty gold wold be at $900, and when, I would be buying all the paper short contracts I could. Too bad my crystal ball has turned into a bouncy ball though Report this Post to the Staff
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