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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: JagBrad who wrote (81858)12/15/2000 7:24:30 PM
From: Big Dog  Read Replies (1) of 95453
 
Brad, The Dog likes RARE gold coins to limit downside. Like the Liberty or St. Gaudin $20 gold coins. These guys only get older and rarer, and will also respond to the price of gold as it moves higher.

The rare coins (as opposed to the bullion coins) have a value that is distinct and separate from the price of gold.

For example, I bought some of these babes about 5-7 years ago and paid $400 per coin while the price of gold was $370 (or was it $340?) Anyway, the coins have gone up slightly in value while the price of gold has dropped a hundred bucks.

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