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Is the artificial price level of the last few years for 2 and a half gold Indians about to colapse
barberlover
Posts: 2,228 ✭✭
Yes I sald artificial because it was dealer hording that caused the price run up between 2001-2003, many people have told me they know the dealers involved but they won't tell me who they are because they know if I found out who they are I would expose them.
Why do I ask if the price is about to colapse ? Look at the number of gems slated for auction all at once in long beach, if the current price level is phoney, then their will be some bargins or alot of unsold peices next month.
Les
Why do I ask if the price is about to colapse ? Look at the number of gems slated for auction all at once in long beach, if the current price level is phoney, then their will be some bargins or alot of unsold peices next month.
Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
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Perhaps the price is just too steep.
Is your conscience at rest if once put to the test?
You awake with a start to just the beating of your heart.
Just one man beneath the sky,
Just two ears, just two eyes.
Dealer hoarding or not. There is no mechanism in place to bring them to task. They won't be affected.
It is very profitable to manipulate the metal market and I urge everyone to profit from it as no one cares.
TP
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
If many people already know aren't they already exposed?
$2.50 Indians are nuts priced and sub $375/gold for 6+ months will correct that along with time.
<< <i>many people have told me they know the dealers involved but they won't tell me who they are because they know if I found out who they are I would expose them.
If many people already know aren't they already exposed?
$2.50 Indians are nuts priced and sub $375/gold for 6+ months will correct that along with time. >>
Maybe thats part of the reason that their are more m.s. 65 Indian 2 and a half's in this signatue sale then I've seen in a signature sale for a very long time. If I paid 2000 or less for one 3 years or more ago I would sure be willing to sell for a minumum of 3500 [while I thought I could still get it]. Maybe I'm just jealous that I sold mine so cheap 4 years before but I certainly wouldn't buy 1 now. You can bet that all the gems in this sale will have minumum reserves put on them. Are they worth 2000 ?, Yes. Are they worth 3500-4000 ?
Les