That Gold I bought keeps going up in price

[JOE]

Do you want me to show you what $3000 worth of Silver looks like dumb TheProwlerT rowler?

It's considerably larger in volume than gold.

[Lokmar]

Collector coins are a suckers bet if you think the SHTF soon.

[JOE]

Collector coins are a suckers bet if you think the SHTF soon.

They're OK as long as you don't pay too much over the face value of the gold.

Given that Gold is gradually going up in price, the price of their gold content will probably be worth as much as the future spot price, Lokmeer.

Actually, many collector silver coins are priced waaay over their actual silver content.

So if a person is gonna collect coins, they may as well collect gold coins not silver.

If collector coins will take a whack, it'll be those holding silver.

[Lokmar]

They're OK as long as you don't pay too much over the face value of the gold.

Given that Gold is gradually going up in price, the price of their gold content will probably be worth as much as the future spot price, Lokmeer.

Actually, many collector silver coins are priced waaay over their actual silver content.

So if a person is gonna collect coins, they may as well collect gold coins not silver.

If collector coins will take a whack, it'll be those holding silver.

Then why the fuck arent you buying platinum instead? Why arent you buying silver instead? BOTH will increase faster than a collector gold coin!

[JOE]

Then why the fuck arent you buying platinum instead? Why arent you buying silver instead? BOTH will increase faster than a collector gold coin!

I have those goal of trying to collect all the antique gold coins made from 1865-1919, which was about 24 of them.

It's a tad unrealistic tho, is one of them alone is worth something like $30,000 US.

And you Americans have bought up the Majority of 'em.... LokmarL okmer!

I can't even find them in my own country...and that's where they were minted, eh?

You Americans love our Canadian gold coins, eh?

Unfortunately, you guys buy them all out

[JOE]

I bought that coin too, eh Lokmeer.

It cost me $6,000 US but that was in higher grade

A foolish buy, but at least I could re-sell it for that much.

...don't buy whatcha caint re-sell, eh?

[TheProwler]

Pathetic.

[Lokmar]

I have those goal of trying to collect all the antique gold coins made from 1865-1919, which was about 24 of them.

It's a tad unrealistic tho, is one of them alone is worth something like $30,000 US.

And you Americans have bought up the Majority of 'em.... LokmarL okmer!

I can't even find them in my own country...and that's where they were minted, eh?

You Americans love our Canadian gold coins, eh?

Unfortunately, you guys buy them all out

Fuk that! Its worth melt when shit goes sideways AND you have to convince someone what its worth. i.e. $230 US!!!!!!!

Sell that fukin thing and buy a maple or an eagle FFS!

[JOE]

Fuk that! Its worth melt when shit goes sideways AND you have to convince someone what its worth. i.e. $230 US!!!!!!!

Sell that fukin thing and buy a maple or an eagle FFS!

You Americans have gobbled up all the high end Canadian coins... LokmarL okmeer!

And that's what has driven the prices up too!

Trouble is...many of them are so rare...that ifya see 'em once up fer sale, have ta buy them cuz probably never see 'em again...or at best once every 10 years/generation.

That's how rare they are, eh?

It's not even like a special edition car made in the hundreds.

It's like one of a kind or 10 total in existence.

[Herman]

I really do not give a shit about how most people live their lives.

But Senile JOEJ is a real asshole, so I enjoy mocking him.

He is a PI hound, and he is a serial bullshitter. That is why most folks ignore anything he writes.

[Lokmar]

You Americans have gobbled up all the high end Canadian coins... LokmarL okmeer!

And that's what has driven the prices up too!

Trouble is...many of them are so rare...that ifya see 'em once up fer sale, have ta buy them cuz probably never see 'em again...or at best once every 10 years/generation.

That's how rare they are, eh?

It's not even like a special edition car made in the hundreds.

It's like one of a kind or 10 total in existence.

Thats fantastic, dipshit! Now sell that motherfucker and go buy 1.5oz or whatever amount of Maples.

Understand that more is better?

[JOE]

Thats fantastic, dipshit! Now sell that motherfucker and go buy 1.5oz or whatever amount of Maples.

Understand that more is better?

I buy in trickles, not heaps.... LokmarL okmeer!

Something tells me most of the gains for gold 'n silver are done for the year.

The price will probably stay flat for 6 months or more until maybe 2025(?). Does that sound about right?

Gold and Silver investors tell us the sky's the limit.

However.... there's a lotta price manipulation goin' on.

Prices are only at these levels because the banks/elits/Wall stret/US Fed are 'comfortable' with those levels, eh?

Once the price starts goin' too high, they bring the prices down with massive selloffs. That's why the banks and the US guv has so much gold. So they can control the prices as much as they can.

Same time, the new entrance to the Gold/Silver race are China/Russia and they make a dent in the prices to...well sort of.

Anyways, I think the highs for gold 'n silver have been reach for 2024, Lokmeer. There's a scant chance that gold might test the $2500 level and Silver the $30 level, but unlikely it'll stay there. But there could be a bump ups in 2025.

that's what I'm guessing.

The banks your guve let the gold/silver prices rise when they need the money for their exenditures - ie War, Bank Failures, insolvencies. Gold 'n Silver are the US guv's collateral. And that's when the prices are allowed ta rise, eh?

[Lokmar]

I buy in trickles, not heaps.... LokmarL okmeer!

Something tells me most of the gains for gold 'n silver are done for the year.

The price will probably stay flat for 6 months or more until maybe 2025(?). Does that sound about right?

Gold and Silver investors tell us the sky's the limit.

However.... there's a lotta price manipulation goin' on.

Prices are only at these levels because the banks/elits/Wall stret/US Fed are 'comfortable' with those levels, eh?

Once the price starts goin' too high, they bring the prices down with massive selloffs. That's why the banks and the US guv has so much gold. So they can control the prices as much as they can.

Same time, the new entrance to the Gold/Silver race are China/Russia and they make a dent in the prices to...well sort of.

Anyways, I think the highs for gold 'n silver have been reach for 2024, Lokmeer. There's a scant chance that gold might test the $2500 level and Silver the $30 level, but unlikely it'll stay there. But there could be a bump ups in 2025.

that's what I'm guessing.

The banks your guve let the gold/silver prices rise when they need the money for their exenditures - ie War, Bank Failures, insolvencies. Gold 'n Silver are the US guv's collateral. And that's when the prices are allowed ta rise, eh?

Collector shit goes DOWN in value in a recession, dummy.

[JOE]

Collector shit goes DOWN in value in a recession, dummy.

yeah...I agree.....unless it's EXCEPTIONALLY rare.

Like 5 or fewer specimens available for sale at any given time.

Usually, those are only 1 available anywhere in the world.

Even if they go down or stagnate, those are about the only items that'll hold their value. Only cuz there's so few of them in existence.

so they can't really go down much futher if they're the only act in town... LokmarL okmeer!

But I would agree.. stuff where there's hundreds thousands even tens available at any given time will fall (and possibly quite hard) during a recession.

[JOE]

Anyways when I say there's 1 for sale, it means there's only 1 on the chopping block for all the thousands of collectors around the world ta buy.

So no matter what the economic conditions are, those items will always fetch a good price.