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Strategies & Market Trends : The coming US dollar crisis

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To: Wyätt Gwyön who wrote (13567)10/27/2008 7:54:19 AM
From: carranza2  Read Replies (1) of 71408
 
maybe there is increased demand for coins relative to the minting capacity for the particular issues?

I don't think so because the shortage of coins appears to be global. I would think it a bit too much of a coincidence for all mints to run out of capacity at the same time.

I do think the anomaly exists. Thee are far too many reports from credible people concerning the premium on coins.

Perhaps the anomaly can be explained by a two level demand, one for coins and the other for bullion. Big investors could care less about coin but the retail buyer does. Now that he is in the market after not participating in years, it is possible that his demand, which affects only a smallish subset of gold, has created the anomaly. Retail sellers may very well be taking advantage of the small buyer's return by tacking on a premium.

i think we all expect countertrend rallies, but deleveraging may go on for years and the bottom may be decades away (for the stock market). look at Nikkei--it is almost at a 30yr low! here's an idea: US market may never recover while most baby boomers are alive

I am buying cat food futures.
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