Do not worry about the price of PMs
Bear
Posts: 18,953 ✭✭✭
They can never fall below zero.
There once was a place called
Camelot
Camelot
6
Comments
<< <i>They can never fall below zero. >>
That IS reason to worry !!!
All these double eagles I'm holding will still be worth $20 when I want to sell them won't they?
<< <i>All these double eagles I'm holding will still be worth $20 when I want to sell them won't they? >>
Sure...any time in the future I'll guarantee I'll buy them at $30 for each $20 double eagle...that way, you'll always be sure to have some "extra!"
Wise old Bear!
You should worry about the price of gold only if the price of jewelry comes way down. Stuff guys buy for their girls has a huge impact!
Successful transactions here and ATS with: jwitten, Rob41281, bajjerfan, cucamongacoin, Jim F., physics-fan3.14, x2rider, Wahoo554, Weather11am, Relaxn, jimineez1, Ronyahski, Bliggity, SurfinxHI, McGrump (thru BAJJERFAN), ms71, Downtown1974, ad4400
Bear was a wise man.... and put another way, by someone... "Gold has never been worth nothing." Cheers, RickO
Wow, that's an 11 yr. old thread !!!
That's always an argument for buying junk silver vs. generic rounds/bars. At least you always have the face value of the coins to spend if PM prices go lower than face!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
I really miss Bear!
Until I saw the date, I thought Huh??????
“I’ve known Jeff for fifteen years. Terrific guy,” Trump told New York Magazine. “He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side.
"I just wish her well, frankly. I've met her numerous times over the years...I just wish her well, whatever it is." -- Donald Trump on convicted sex-trafficker Ghislane Maxwell.
Asked about a pardon for Maxwell, Trump said: "I'll take a look at it ... I will speak to the DOJ," Trump said. "I wouldn't consider it or not consider it"
For those who were not around when Bear was with us... He was a very knowledgeable coin collector and also quite witty.... His Tales from Coinalot were very popular - wherein he would weave a tale with forum members names as the integral players.... Great stuff... Cheers, RickO
...except that Guy (gyocomcd) originated Coinalot and provided the best, classic material for that creation.
Just credit where credit is due. Not to disparage Bear, who was a sweetie.
Here's a warning parable for coin collectors...
"If Eva knew how much I spent on.... "
Best one of those videos ever.
Peter Schiff: The Bigger The Boom, The Bigger The Bust
"When this final bubble pops, gold is going through the roof –I do think that by the time this bubble has run its course, you’ll be able to buy the Dow Jones for an ounce of gold."
If you understand what is coming, then you can duck. If not, then you get sucker-punched. - Martin Armstrong
Is that why they built the bullion depository at Fort Knox?
If it has no value, why don't they give tours, or let you stop on the side of road to take pictures.
During my life, the price of jewelry has never come down, only levels or goes up.
Successful transactions here and ATS with: jwitten, Rob41281, bajjerfan, cucamongacoin, Jim F., physics-fan3.14, x2rider, Wahoo554, Weather11am, Relaxn, jimineez1, Ronyahski, Bliggity, SurfinxHI, McGrump (thru BAJJERFAN), ms71, Downtown1974, ad4400