Alex in PA.

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    Retired
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    Coins. Fishing
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    Pennsylvania

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  1. I must say; this forum does get better as time goes on.
  2. Your summation is a very interesting read and I must agree with certain aspects. Every time a so called 'Stimulus Check' came out our local liquor store ran dry. The only Gold Pennsylvanians were buying was 'liquid' gold.
  3. And that's all they are IMO. Dealers like to place a large markup, especially on the graded ones as if they are 'scarce', but in the end all you have is silver bullion. Kitco silver = $25.80 per ounce Pinehurst coins = 2021 uncirculated Silver Eagle sells for $39.16 if you buy 20 to 99.
  4. You dream. Hundreds of millions of Americans? are spending their Covid checks on gold??? Monetary policy controlled by the Federal Reserve is perhaps one of the biggest influencers on live gold prices in the market. Interest rates exert considerable influence on gold prices due to a factor known as "opportunity cost." Low-interest rates yield nominal returns and real money losses. In situations like this, gold becomes a great investment option, as the opportunity cost for not relying on your interest-based assets is much lower. Want to raise the price of a precious metal; stop min
  5. In February 2013 1 BitCoin sold for $22.00. Today it sells for $38,000.00 per BitCoin. So maybe Billionaires don't buy it but at $38,000.00 a hit someone is and it isn't me. 2 July 2020, the Indian company 69 Shares started to quote a set of bitcoin exchange-traded products (ETP) on the Xtra trading system of the Deutsche Boerse.[131] 1 September 2020, the Wiener Börse listed its first 21 titles denominated in cryptocurrencies like bitcoin, including the services of real-time quotation and securities settlement.[132] October 2020, PayPal announced that it would allow its users
  6. gmarguli is correct. More and more we have seen well know and newly established coin dealers offering IRAs in precious metals. Some with the option to store the metal for you or you get to store it at a place of your choosing.
  7. Surely you don't mean this. Are we talking about the same giant corporations who used their 'Bail Out' funds to party in Las Vegas? Or perhaps the ones who used our tax dollar Bail Out gift to vacation in the Caribbean? Lehman Brothers, the financial services firm that filed for bankruptcy protection in 2008, had that problem. Its 3,500-piece art collection, with works by such bankable artists as Jasper Johns and Andreas Gurky,
  8. You 'collectors', at present, have no idea who or what bought this coin. As I said, people who are worth billions often get bored. Perhaps Exxon-Mobile or China National Petroleum bought it. Would be the first time a major corp bought a valuable item. Get a picture of this coin everyone is so enamored with and stare at it. That often helps.
  9. That style of picture posting reminds me of someone we haven't heard from in a while.
  10. Often we cannot fathom why people do the things they do. Wealth, exceptional wealth, is a great motivator. The world's ultra-wealthy spend money on things that most people can't even fathom buying. One tech billionaire bought his own Hawaiian island, and a hedge fund manager spent at least $8 million on a 14-foot preserved shark. Some unknowns are buying tickets for trips into space even though they are not astronauts.
  11. For some strange reason I have been thing Canada.
  12. Here is a token, Civil War era, of a Pennsylvania businessman sold coins among other items. I guess Mr. Idler sold 'Continental Currency'.