Time To Sell Or Time To Buy. - Page 2

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Author	Replies: 25 / Views: 2,568	Page: of 2

Toblerone2 Valued Member United States 67 Posts	Posted 11/06/2006 4:22 pm 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 Report this Post to the Staff
ageka Pillar of the Community Belgium 2078 Posts	Posted 11/06/2006 4:43 pm 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 Report this Post to the Staff
ndgoflo Pillar of the Community United States 626 Posts	Posted 11/06/2006 4:58 pm 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? Report this Post to the Staff
sharktoy Valued Member United States 129 Posts	Posted 11/08/2006 09:15 am I cannot see a correction like we saw in the 80's . Not with the shaky economy. Report this Post to the Staff
gxseries Pillar of the Community Australia 3841 Posts	Posted 11/08/2006 11:45 am 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. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
sn31 Pillar of the Community United States 773 Posts	Posted 11/08/2006 10:57 pm 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. Report this Post to the Staff
sharktoy Valued Member United States 129 Posts	Posted 11/15/2006 09:56 am I noticed gold has risen but gold prices on coins selling has not. What's going on? Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 11/15/2006 10:33 am Gold coins are not mined we are mining 45% less this year and last year ! Report this Post to the Staff
sharktoy Valued Member United States 129 Posts	Posted 11/17/2006 7:03 pm Sn31, I checked out the wolfe coin and its really cheap. WIll word every get out about it to have it rise in value? Report this Post to the Staff
crystalk64 Pillar Of The Community 3147 Posts	Posted 11/17/2006 7:10 pm 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!!! Report this Post to the Staff
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