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Don Cherry mentions gold...(and a question)

edmundfitzgeraldedmundfitzgerald Posts: 4,306 ✭✭
in Precious Metals
I was watching Hockey Night in Canada last night and on
Coaches Corner, Don Cherry made reference to a hockey player who played in the 1970's and bought gold with all his extra money.

Question.....What type of gold was the mint striking in the 70's ? Or was this guy just buying up all older gold ?

Comments

  • sbeverlysbeverly Posts: 962 ✭✭✭
    The Krugerrand was the go to gold bullion coin in the 70's.
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  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭


    << <i>I was watching Hockey Night in Canada last night and on
    Coaches Corner, Don Cherry made reference to a hockey player who played in the 1970's and bought gold with all his extra money.

    Question.....What type of gold was the mint striking in the 70's ? Or was this guy just buying up all older gold ? >>



    There were plenty of gold coins around in the 70's including Canadian commems, Mapleleaf's, Kruggerrands, British soverigns, Austrian 100 coronas, Mexican 50 pesos, old U.S. gold coins, etc. The first U.S. gold coins since 1933 were the 1984 L.A. Olympic commems.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • edmundfitzgeraldedmundfitzgerald Posts: 4,306 ✭✭
    OK. Thanks. He mentioned Sheldon Kennigesser, and refered to him as a smart hockey mind, and backed it up by saying
    that he used all his extra money to buy gold back in the 70's, but didn't mention what kind of gold. Being that he was
    Canadian, perhaps he was buying leafs.
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    Are you sure it wasn't "Bobby Ore???"

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • edmundfitzgeraldedmundfitzgerald Posts: 4,306 ✭✭
    Even though Bobby did play for the Blackhawks in the late 70's, I'm suprised you didn't
    also mention Bobby Hull "The ________ Jet".
  • cone10cone10 Posts: 1,021


    << <i>Are you sure it wasn't "Bobby Ore???"


    image
    A nickel ain't worth a dime anymore.
    Yogi Berra

  • DoubleEagle59DoubleEagle59 Posts: 8,308 ✭✭✭✭✭
    How about 'Bill Goldsworthy' from the 1970's (I think).

    Perhaps he bought some gold too!

    Not to get off track from the OP's statement, Gold Krugerrands and English Sovereigns were the most common purchases back then.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>How about 'Bill Goldsworthy' from the 1970's (I think).

    Perhaps he bought some gold too!

    Not to get off track from the OP's statement, Gold Krugerrands and English Sovereigns were the most common purchases back then. >>



    i was waiting for you to chime in!image
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭


    << <i>Even though Bobby did play for the Blackhawks in the late 70's, I'm suprised you didn't
    also mention Bobby Hull "The ________ Jet". >>



    I thought about him, but figured that "Ore" was the better punchline......

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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