"What's rising faster than stocks? Coins" article - Now on PCGS homepage - Conflict? Bad I
magikbilly
Posts: 6,780 ✭
Thoughts? Good idea? Bad?
0
Comments
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
You can still make bad stock choices, but there are enough safeguards out there to prevent you from being a victim of shady sellers.
It takes specialized knowledge to "do coins".
Added: Then again, I didn't lose $1500 on my coins today.
Added:
Ok. I feel prepared to offer an opinion now.
I don't see a problem. PCGS website is intended for people interested in coins, and this would qualify. Your "average investor" wouldn't stumble on it on the PCGS site. It's a balanced article....lays out the risks....has the proper cautions.
I don't see a problem.
<< <i>Oh.....well......um......I haven't actually read the article.
It is not only on the PCGS site - they are linking to an MSN news story that was discussed here yesterday - many think articles like this signal "the end" of the boom etc.. I wonder for whose benefit it was posted.....
article link
Billy - Contrarians do see the articles as warning signs. Doesn't matter. Bullish articles generate more buying than selling.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Billy - Contrarians do see the articles as warning signs. Doesn't matter. Bullish articles generate more buying than selling. >>
I would agree with MrHypothetical...er...MrEureka. Articles about investment opportunities aren't "the sign". Mad investing by people based on articles would be the sign.
<< <i>I meant is PCGS putting this on their home page a problem. A conflict...some think this signals bad things a coming...
Billy - Contrarians do see the articles as warning signs. Doesn't matter. Bullish articles generate more buying than selling. >>
I guess you are a contrarian?
Yes. More buying...of coins...PCGS coins....as an investment. I dunno. I thought they graded coins, not gave investment advice directly or otherwise? It seems like an endorsement perhaps.
Billy
Of course. The more bullish articles I see, the more I want to sell.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
No, just more hype.
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
<< <i>
<< <i>I meant is PCGS putting this on their home page a problem. A conflict...some think this signals bad things a coming...
Billy - Contrarians do see the articles as warning signs. Doesn't matter. Bullish articles generate more buying than selling. >>
I guess you are a contrarian?
Yes. More buying...of coins...PCGS coins....as an investment. I dunno. I thought they graded coins, not gave investment advice directly or otherwise? It seems like an endorsement perhaps.
Billy >>
Why do you think it's an endorsement?
And they do grade coins. Along with provide information about coins. This is an article which provides information.
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
But of course that information would be followed up with a phone call and a recommendation.
See your point but...........
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870