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Whenever I worry about my gold investments, I go here for a flawless indicator

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  • #16
    Re: Whenever I worry about my gold investments, I go here for a flawless indicator

    From June 2006 to June 2008, an average of the rare coin index provided a whopping 6% return. A hefty 3% a year to safeguard against the ravages of 12%-15% inflation. Same period in gold and silver? A 40% return.

    From the start of 2005 to date, the rare coin index returned approx. 12%. Same period for plain gold and silver bullion - 100% - 120% return. So much for leverage.

    PCGS COIN APPRECIATION CHART.gif

    PCGS - FANCY RETURN ON INVESTMENT - NOT.gif

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    • #17
      Re: Whenever I worry about my gold investments, I go here for a flawless indicator

      Don't forget Lukester to point out the past monetary standard of the Chinese: SILVER. If the asian markets turn to silver hoarding; game over

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      • #18
        Re: Whenever I worry about my gold investments, I go here for a flawless indicator

        Originally posted by kingcopper View Post
        Don't forget Lukester to point out the past monetary standard of the Chinese: SILVER. If the asian markets turn to silver hoarding; game over
        I've sure got that on my mind Kingcopper. What an interesting coincidence - you've got the country that's blasting up to soon become the largest economy in the world, with a massive hoard of foreign currency reserves, and is "rumored" to be the repository of the last of the world's really large reserves of silver. Then you've got a blistering precious metals market converging with all of that. P.R. China will definitely have a (large) seat at the table when the new monetary system has to be puzzled out, and it's hard to escape the notion that if they have a large stash of silver they'd not shove that onto the table as one component of the new backing, to their advantage. Poor sorry ass USA. We had it all, and boy did we ever blow it.

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        • #19
          Re: Whenever I worry about my gold investments, I go here for a flawless indicator

          Originally posted by Lukester View Post
          I've sure got that on my mind Kingcopper. What an interesting coincidence - you've got the country that's blasting up to soon become the largest economy in the world, with a massive hoard of foreign currency reserves, and is "rumored" to be the repository of the last of the world's really large reserves of silver. Then you've got a blistering precious metals market converging with all of that. P.R. China will definitely have a (large) seat at the table when the new monetary system has to be puzzled out, and it's hard to escape the notion that if they have a large stash of silver they'd not shove that onto the table as one component of the new backing, to their advantage. Poor sorry ass USA. We had it all, and boy did we ever blow it.
          x + y + z/xΩ * z∫ - y/π = 'i own a shitload of silver'

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          • #20
            Re: Whenever I worry about my gold investments, I go here for a flawless indicator

            Originally posted by metalman View Post
            x + y + z/xΩ * z∫ - y/π = 'i own a shitload of silver'
            You and Luke, like the odd couple. Very funny. Thanks
            for the Humor.

            I

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