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 Replies: 25 / Views: 2,437 |
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Valued Member
United States
67 Posts |
Checking the trends on kitco, it would appear that now is an excellent time to sell gold, not to buy it, assuming that we will see a correction similar to what happened around 1979-1980, when the price came down from another historic high. Here's the chart - http://www.kitco.com/scripts/hist_c...y_graphs.plx |
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Pillar of the Community
Belgium
2078 Posts |
quote:
Originally posted by Toblerone2
Checking the trends on kitco, it would appear that now is an excellent time to sell gold, not to buy it, assuming that we will see a correction similar to what happened around 1979-1980, when the price came down from another historic high. Here's the chart - http://www.kitco.com/scripts/hist_c...y_graphs.plx
Inflation indexed there is no high whatsoever  |
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Pillar of the Community
United States
626 Posts |
quote:
Originally posted by OldDan
If I have money in my pocket, it's time to buy!
If however, my pocket is empty, it's time to sit back and plan on what to buy when I do get something in my pocket.
At least that is the way it seems to work for me!
My sentiments exactly!!!! Today was time to buy. I just cashed in my pocket change that has been accumulating, made a beeline (1 1/2 hour drive, each way) to my favorite coin shop(Fairfield's, Ft.Wayne IN) and dropped about $600 on coins and another $300 on a ring for the wife. Next week will be time to sell. After I exchange my old coins with my new coins, I will post a thread in the BST forum for my old coins. Perhaps next week will be time to buy for a few of our members? |
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Valued Member
 United States
129 Posts |
I cannot see a correction like we saw in the 80's . Not with the shaky economy.
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Pillar of the Community
Australia
3831 Posts |
Depends on what field you are talking about. If you are talking about US coins, well duh - it has been a bit too high for the past few years. On the other hand, Canadian, Russian, Korean, etc have been doing better than expectations and the prices are set to go even higher these few years. |
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Pillar of the Community
United States
773 Posts |
Here is IMO a good investment,and for those of you who don't collect Canadian coins,but the 2006 1/2 oz wolf coin has been discontinued,see in Canadian forum as Crystalk has posted.As far as ebay is going ,the prices are still low,but will probably go higher once word gets out.A good investment,yet a beautiful coin to own in ones collection. :) sn31. |
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Valued Member
United States
129 Posts |
I noticed gold has risen but gold prices on coins selling has not. What's going on?
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Member
United States
3242 Posts |
Gold coins are not mined we are mining 45% less this year and last year !
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Valued Member
United States
129 Posts |
Sn31, I checked out the wolfe coin and its really cheap. WIll word every get out about it to have it rise in value?
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Pillar Of The Community
3147 Posts |
I will have to go with Old Dan and NDGOFLO on this one. Tomorrow I have to work in the coin shop AGAIN and I can't hardly wait. The only problem is actually getting paid to be there and leaving with any of that money. I always pray no one brings in Buffalo nickels while I am there as it tends to rob me of my earnings. I have seen some outstanding coins the last few times I worked and it took all the strength in my body to pass them up. But, the old Buffalo nickel seems to win out every time! Working in a coin shop every now and then has to be the most rewarding part time job a guy could ever have! I know it is suffering on Saturday but someone has to do it!!! |
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Replies: 25 / Views: 2,437 |
First Page
Posted 11/06/2006 4:43 pm
