Graig is a very smart and confident lad!! If people understand and "read between the lines" Greg was simply letting everyone know back then that there is a way to Arbitrage the Gold Market with the coins that he showed in that old cnn clip, I dont think the majority of people or even those CNN guys sitting next to him understood what he was "hinting at" LOL!!!
You shouldn't pay over 2% for your coins. Numismatics will not rise as quickly as regular bullion, especially in hyperinflation. If you need to buy food, water, ammo the seller will only care what the weight is. Google this article.
"numismatics-are-fools-gold" Don't forget the spot prices are being supressed so you are buying regular bullion at a discount before the crash.
Numismatic coins appreciate in value exponentially vs relatively with bullion coins. Find out how to make thousands for collecting numismatic coins. thenumismaticnetwork . com
TO ALL - I have a theory on the potential of Numismatics that I have shared in my most recent video "Numismatic silver vs silver bullion" And I want to hear what other people think about it.
So anyone who would visit my video and give me your thoughts on it I would really appreciate the feed back, cheers.
as far collecting or investing in numismatics coins or bullion....rather gold, silver or platnium. if you are playing the bullion you are playing the numbers of day to day. which yes , if the gov. wanted to come in and take your bullion coins they CAN. but they CAN NOT take your numismatics coins. proof like or MS. the chances of them doing that are very slim. when we talk abot numismatic coins the price of gold or silver doesnt matter becase its based on a supply and demand game.
It doesn't matter if the coins are bullion or numismatic. If the governments wants to take your gold or silver they will. Moreover, buying Numismatic collectible items can be tricky. There is a lot of counterfeit going on and it's real easy to switch grades on coins that only demand lower grades; but, dealers sell at higher grades.
my my, how things have changed... gold bullion is now beginning to go through the roof, whilst these commemorative type coins arent anymore. At the end of teh day folks, buy bullion, not collectables!! As the us goes into a depression, gold and silver bullion will increasingly become valuable commodities (particularly silver).
Silver and gold ratios will narrow. Silver is only 10x rarer than gold and should have a value ratio of 10:1, so silver should theoretically be trading at close to $100 an ounce at a 10:1 ratio. In the past it has traded at close to this ratio. Currently it is at a ratio of about 70:1. In time the ratios will narrow back again, so silver has the potential to increase much more than gold through the ratio value alone. Also, don't forget that there is more gold above ground than silver right now.
The US Government can legally confiscate your bullion. It is in the US Code. In fact, FDR did just that with gold in the 1930's. He did not touch the numismatic coins.
My past financial advisor strongly discouraged me from investng in gold when it was 500-700 an oz, telling me I listened to too much Glenn Beck, Peter Schiff & David Walker; instead talked me into Muni's, ORNCX just one looser w high fees. I lost $10K in 2008, then gold went over $1K. Thank God I payed attention to the 3 guys I was discouraged from. Gold @ $1500 this year? With the Obam/Palosi spenulus plan, my bet is on gold $ silver. People, STOP selling grandmas silverware& jewlery!
gold is the only (besides silver and other very precious metals) way to back up your financial wealth. the FED (Federal Reserve) is owned by private companies, NOT by the United Sates government, and all interest rates are regulated by this(ese) PRIVATELY owned companies. All stocks are based off of federal reserve money, which is only worth the paper it is printed on. your money needs to be taken out of banks and traded in for precious metals which is actually worth some value. Listen.
yes it's price can fluctuate wildly but no matter how much it goes down in price, it will never be totally worthless. unlike stocks that can be worth absolutely nothing overnight. the gold price can crash, but it will still at least be worth something. gold and especially silver is the way to go these days.
@prescott911 Hi! Yes I did :) I bougt both gold and silver. I have about 500 0z of silver eagle at about 20$ a piece and about 20 oz of gold at 900$ a piece :) I also have some silver libertads, silver maples and buffalo rounds :)
Gold Bullion is alot more solid in value and stability as oppose to the Numimatics, those are more for collectors like for beauty, not so much for value.
i heard they were going to invest theyre money into gold because theyre value is so high and gold was always really high in price in stocks that if or when they do invest into gold... the price of gold will skyrocket because chinas investment into it and you will see your stock increase by a ton
but im not a stock expert but i do believe gold is the way to go in stocks
Yeah, the good old days when things were bad....
elsoultero 5 months ago
Graig is a very smart and confident lad!! If people understand and "read between the lines" Greg was simply letting everyone know back then that there is a way to Arbitrage the Gold Market with the coins that he showed in that old cnn clip, I dont think the majority of people or even those CNN guys sitting next to him understood what he was "hinting at" LOL!!!
MrPointspread 10 months ago
Ahh, the good old days...
BurkulesPrime 11 months ago
This has been flagged as spam show
You shouldn't pay over 2% for your coins. Numismatics will not rise as quickly as regular bullion, especially in hyperinflation. If you need to buy food, water, ammo the seller will only care what the weight is. Google this article.
"numismatics-are-fools-gold" Don't forget the spot prices are being supressed so you are buying regular bullion at a discount before the crash.
SDNavyScout 1 year ago
gold $280/oz ahh if only i had a time machine!!!!
beswick1111 1 year ago
@beswick1111 ur 3 yrs late look at the top comment
prescott911 10 months ago
Great video! Thanks for sharing!
shakleeguy2007 1 year ago
Numismatic coins appreciate in value exponentially vs relatively with bullion coins. Find out how to make thousands for collecting numismatic coins. thenumismaticnetwork . com
cluvnupe06 1 year ago
TO ALL - I have a theory on the potential of Numismatics that I have shared in my most recent video "Numismatic silver vs silver bullion" And I want to hear what other people think about it.
So anyone who would visit my video and give me your thoughts on it I would really appreciate the feed back, cheers.
Excidium567 2 years ago
as far collecting or investing in numismatics coins or bullion....rather gold, silver or platnium. if you are playing the bullion you are playing the numbers of day to day. which yes , if the gov. wanted to come in and take your bullion coins they CAN. but they CAN NOT take your numismatics coins. proof like or MS. the chances of them doing that are very slim. when we talk abot numismatic coins the price of gold or silver doesnt matter becase its based on a supply and demand game.
fade409 2 years ago
It doesn't matter if the coins are bullion or numismatic. If the governments wants to take your gold or silver they will. Moreover, buying Numismatic collectible items can be tricky. There is a lot of counterfeit going on and it's real easy to switch grades on coins that only demand lower grades; but, dealers sell at higher grades.
apollomiami83 1 year ago
my my, how things have changed... gold bullion is now beginning to go through the roof, whilst these commemorative type coins arent anymore. At the end of teh day folks, buy bullion, not collectables!! As the us goes into a depression, gold and silver bullion will increasingly become valuable commodities (particularly silver).
superhot75 2 years ago
why do you think silver will increase in value at a higher percentage? what do you mean by your statment? please tell me?
yourboyken 2 years ago
Silver and gold ratios will narrow. Silver is only 10x rarer than gold and should have a value ratio of 10:1, so silver should theoretically be trading at close to $100 an ounce at a 10:1 ratio. In the past it has traded at close to this ratio. Currently it is at a ratio of about 70:1. In time the ratios will narrow back again, so silver has the potential to increase much more than gold through the ratio value alone. Also, don't forget that there is more gold above ground than silver right now.
superhot75 2 years ago 5
oops, I meant that Gold is only 10x rarer than silver, d'oh.
superhot75 2 years ago
LOL, yeah, for a second there, i was thinking what the hell is this guy talking about, thanks for clearing that up
brianmenendez 2 years ago
I'm buying silver at the moment, but I can't figure out if Bullion is the way to go, or if I should just stick to 99.99% pure coins.
Questfortruth86 2 years ago
The US Government can legally confiscate your bullion. It is in the US Code. In fact, FDR did just that with gold in the 1930's. He did not touch the numismatic coins.
fmagalhaes1521 2 years ago
So what? What would stop Obama from doing that today? Anyways, I'm asking about bullion coins vs bullion bars. The bars are cheaper, but less liquid.
Questfortruth86 2 years ago
Junk silver, if you can find it ;-)
D33Lux 2 years ago
I wish gold was $280 today.
stdspk 2 years ago
Why
rollofffrank2008 2 years ago
So I could buy it at $280. I have very little gold.
stdspk 2 years ago
My past financial advisor strongly discouraged me from investng in gold when it was 500-700 an oz, telling me I listened to too much Glenn Beck, Peter Schiff & David Walker; instead talked me into Muni's, ORNCX just one looser w high fees. I lost $10K in 2008, then gold went over $1K. Thank God I payed attention to the 3 guys I was discouraged from. Gold @ $1500 this year? With the Obam/Palosi spenulus plan, my bet is on gold $ silver. People, STOP selling grandmas silverware& jewlery!
KSoda 3 years ago 2
gold is the only (besides silver and other very precious metals) way to back up your financial wealth. the FED (Federal Reserve) is owned by private companies, NOT by the United Sates government, and all interest rates are regulated by this(ese) PRIVATELY owned companies. All stocks are based off of federal reserve money, which is only worth the paper it is printed on. your money needs to be taken out of banks and traded in for precious metals which is actually worth some value. Listen.
runningoil 3 years ago
the gold market is manipulated and for such a stable investment it price fluctuates wildly.
swamimans 3 years ago
yes it's price can fluctuate wildly but no matter how much it goes down in price, it will never be totally worthless. unlike stocks that can be worth absolutely nothing overnight. the gold price can crash, but it will still at least be worth something. gold and especially silver is the way to go these days.
pocketbanana 2 years ago
You can still get it in europe..
eurogoldexchange 3 years ago
if only we were back in 1998 when gold was "cheap"
KHguru123456 3 years ago
I wish i could travel back in time and buy a ton of gold at 295 an oz
madcatzy 3 years ago 22
don't we all...
CavalloDiSpade 3 years ago
yes a time machine would be a lovely thing for this as well as a couple other interests of mine haha
eesloan4 3 years ago
@madcatzy damn straight. I hope you bought gold when you posted that comment. Price now $1160 US an ounce. It's awesome stuff. $2k by year end.
ToyMaster83 1 year ago
@madcatzy LOL, Me too!
SicaGR 1 year ago
@madcatzy did u buy some gold around the time u posted this comment? CONGRATULATIONS IF YOU DID!!
prescott911 10 months ago
@prescott911 Hi! Yes I did :) I bougt both gold and silver. I have about 500 0z of silver eagle at about 20$ a piece and about 20 oz of gold at 900$ a piece :) I also have some silver libertads, silver maples and buffalo rounds :)
madcatzy 10 months ago
@prescott911 I did buy about 500 oz of silver eagles at about 20$ each, 20 0z of gold at about 900$ each :)
madcatzy 10 months ago
@prescott911 yes i did buy about 500 oz silver and 20 oz gold :))
madcatzy 10 months ago
This has been flagged as spam show
@prescott911 yes i did buy about 500 oz silver and 20 oz gold :))
madcatzy 10 months ago
This has been flagged as spam show
@prescott911 yes i did buy about 500 oz silver and 20 oz gold :))
madcatzy 10 months ago
Gold Bullion is alot more solid in value and stability as oppose to the Numimatics, those are more for collectors like for beauty, not so much for value.
MrMP81 4 years ago 4
well, it's nearly $1000 an once now
Gollywog 4 years ago 3
yea , oh how i wish i could go back to that day.
pitshit84 4 years ago
Ha ha, $282/oz. This video is from 2002. What a blast from the past seeing the ticker tape prices.
hwineteer 4 years ago 2
I regret not buying it when it was approx. $500 an ounze.
D33Lux 2 years ago
D33Lux: keep buying silver. It is undervalued right now and there will be a serious industrial need, i.e. China, for silver in the near future.
fmagalhaes1521 2 years ago 2
i heard they were going to invest theyre money into gold because theyre value is so high and gold was always really high in price in stocks that if or when they do invest into gold... the price of gold will skyrocket because chinas investment into it and you will see your stock increase by a ton
but im not a stock expert but i do believe gold is the way to go in stocks
n8iveidiot13 2 years ago
that is very true my friend.
artifactman660 2 years ago