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Gold/Mining/Energy : Coins...gold and silver

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To: scotty who wrote ()5/25/1998 5:12:00 PM
From: Bradley Courter  Read Replies (4) of 47
 
I have been a coin collector since 1957. Its my opinion that coin collectors are getting fewer and fewer. I have friends who go to public auctions and buy coins in bulk only to take them to coin shops and turn them quickly for a nice profit. Hence, there are so few coin collectors that no one at the auctions are interested.
Silver will probably continue to slide because Warren Buffet has sold his stash he bought last summer. I believe it will bottom somewhere in the high $4 range. Maybe at that time it will be a buy.
As for gold.. I am scared.. but I dont see it going much lower.
How long will you have to hold it to make a profit?.. Wish I knew.

Brad
Gatekeepr@rockford.com
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