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Replies: 33 / Views: 3,657 |
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New Member
United States
1 Posts |
I kinda like coin collecting rather than focusing on bullion prices.
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Pillar of the Community
United States
1143 Posts |
Will likely serve you as an investment longer term.
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Valued Member
United States
302 Posts |
Quote: You cannot view the poll results before you vote! Pretty hard to vote when that happens. And this is not the first time. My option is not on the list, so I would have voted the last choice. I am buying when I find good deals. Selling a some, but not all, into the price rises. Mostly just waiting for a good drop. If a decent decline does not materialize by the 24th of October, then I will be buying on dips and maybe selling a little on rises.
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Forum Mom
 United States
5877 Posts |
Why would you need to see the Poll results before you vote? The idea is not to be swayed by others' votes.
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Valued Member
United States
302 Posts |
Quote: Why would you need to see the Poll results before you vote? The idea is not to be swayed by others' votes. You got it backwards. I try to vote and that message comes up AFTER I click the VOTE button. Edited by Forum Mom to change word to "backwards". This is a family friendly forum.
Edited by mmerlinn 09/01/2011 10:20 am
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Moderator
 United States
14463 Posts |
Quote: mmerlinn this is a family friendly site, I recommend you alter your fourth word.
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Pillar of the Community
United States
2130 Posts |
Quote: this is a family friendly site, I recommend you alter your fourth word. 
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Pillar of the Community
United States
4008 Posts |
Quote: I try to vote and that message comes up AFTER I click the VOTE button. Yes, that is exactly what happened to me in this poll. Other polls have worked fine, both before AND after this one, so it was a bit of a surprise. :-/
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Rest in Peace
United States
9104 Posts |
Quote: So, what is it about the world's major currencies or economies that convinces you they will rise by 60-70%? That's what it would take to see a gold price of $1100 or so.
Not really, because gold has far overshot the price it should be selling at as a counter to falling currencies. It went up 400%, no currencies lost similar value (except in terms of gold). Even so, an 1100 price would be a very temporary low.
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Pillar of the Community
United States
4008 Posts |
Quote: Not really, because gold has far overshot the price it should be selling at as a counter to falling currencies. It went up 400%, no currencies lost similar value (except in terms of gold). Clearly, there is more involved in the price of gold than just the equivalence to the various currencies. My thought is that there is a genuine crisis of confidence in the investor communities in both the US and in Europe. Gold is surging because investors are losing faith in currencies and in other paper investments. Once psychology enters the fray, we cannot assume any 1:1 correspondences. When I look at gold, I see it as THE standard by which all other monetary assets are valued. Therefore, gold cannot have a value. It is the currencies that are valued against gold by stating a gold price in dollars, pounds, Euros, etc. Rising gold isn't rising but the currencies that are compared to it are falling. This is often obscured by all of the currencies falling against gold at the same time. People then compare one currency against another but that is a spurious argument, IMHO. If we want to compare a floating currency to something, then let it be to THE standard and not to another floating currency. I'm not saying that this is the only way to look at this but it is the way that I look at it. 
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Valued Member
 United States
362 Posts |
I wonder if prices will go up after the labor day weekend. Theres a coin show I think I'm going to go to in atl next sunday and put a couple more pieces in my collection
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Valued Member
344 Posts |
Ive just started getting into trading a couple months ago. But have been buying and selling nonestop (usually trying to dump on the short term peaks buy at dips). I like it a lot and have found its a good way to get extra cash if you're willing to spend a lot of time deal hunting and maxing out when you sell.
Anyone here know if a great way to dump in mass for a good percent? Best I have found for junk coins or sterling is 95% of spot.
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Pillar of the Community
Canada
1502 Posts |
Ebay's always there but the fees really add up. I've been selling privately and had very positive experiences. Getting above spot (lower than dealers/market value) for 1oz coins and 100oz bars.
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Valued Member
 United States
362 Posts |
Well while dont plan on selling anytime soon, I am waiting to sell on coin community. I would feel better selling on here, no ebay fee's (9% of auction + 2% for paypal) So I could get a better deal, and so could the buyer from selling on here. I also feel that, if you go to a coin show, or coin shop, there will be people willing to buy there if the price is right
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Pillar of the Community
United States
1026 Posts |
Well Gold just went over $1900 again :)
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Replies: 33 / Views: 3,657 |