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gold eagles being held back?

derrybderryb Posts: 36,792 ✭✭✭✭✭
in Precious Metals
I follow gold eagle listings on ebay on a regular basis and have noticed a sharp reduction in AGE's being offered. This is in no doubt due to the recent spot price dip, but I find it encouraging that owners are choosing to sit on them rather than panic and try to unload them as has happened on numerous earlier price dips. This a a very good sign for physical market sentiment.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    I track the AGE burnished "W" coins, and listing volume has been pretty low for months, maybe even many months.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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