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US Mint Gold Coin sales drop to 10 year low

bestdaybestday Posts: 4,220 ✭✭✭✭

US Mint Gold coin sales drop to 10 1/2 year low
The low sales number a precursor, to start of another Bull market ?
B&Ms should would like a Gold/metals bull market

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    jmlanzafjmlanzaf Posts: 32,003 ✭✭✭✭✭

    Gold prices have been going down. People prefer to buy on the way up rather than down.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    The dip in sales is definitely indicative of....... nothing..... Sales rise and fall, prices rise and fall... rarely are they tied to anything significant... although someone always tries..... Cheers, RickO

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    KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    Year over Year you look at Products like the final coin of the Centennial series in 16 not in 17. I do believe we have upside coming soon. How much and when, well we will have to see if we get tax reform. Hoping for a big change especially the elimination of State & Local tax. This little r is just hoping. If tax reform this year then market continues. We always have Rocket man to consider too.

    Best place to buy !
    Bronze Associate member

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    I'm still a buyer at the right price !!! :)

    Timbuk3
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    bestdaybestday Posts: 4,220 ✭✭✭✭

    Very simple..... ya got to be buying Gold when no one is ....Low in 2007 Mint Gold sales ,started the Gold Bull more... than doubling 4 years later

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