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Unknown 10 year s ago
He sold them?
Ouch, then he knows nothing of what is going on around him, he exchanged "real" 100 million in gold, against 10 million pieces of paper.
In a few years we find him hanging in his barn.
Ouch, then he knows nothing of what is going on around him, he exchanged "real" 100 million in gold, against 10 million pieces of paper.
In a few years we find him hanging in his barn.
2
2.
gigantes 10 year s ago
uhhh.... no. $10m is apparently their value as rare coins. their value as gold by weight would be closer to a tenth of that. since the rare coin market is typically a weak place to invest in and assuming you wanted to stay in gold, it would probably be better to convert these coins to $10m in bullion. of course that also assumes they can get full value out of them, which is usually difficult. which is part of why investing in rare coins is usually a bad idea.
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3.
kachemnkillem 10 year s ago
I make my living buying and selling old coins, gigantes you're an idiot. Not a weak place to invest in, and those coins will sell fast if he knows what he's doing.
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4.
gigantes 10 year s ago
if anyone's an idiot, kachemnkillem, it would probably be the person(s) who failed to understand what i said.
i said "typically weak" and "usually a bad idea" because many (maybe even most) investors don't grasp how typical it is for the market to stagnate on coin value and how easy it is to get fleeced by dealers and specialists who deceive them on valuations.
many's the poor sap who invests thousands in rare coins (incl. gold and silver coins) and immediately loses a third or more on value because of crooked appraisals and not understanding how much harder it is for the avg consumer to sell rather than buy. indeed, i wouldn't be surprised if you're one of the very con artists who takes advantage of such folks.
i said "typically weak" and "usually a bad idea" because many (maybe even most) investors don't grasp how typical it is for the market to stagnate on coin value and how easy it is to get fleeced by dealers and specialists who deceive them on valuations.
many's the poor sap who invests thousands in rare coins (incl. gold and silver coins) and immediately loses a third or more on value because of crooked appraisals and not understanding how much harder it is for the avg consumer to sell rather than buy. indeed, i wouldn't be surprised if you're one of the very con artists who takes advantage of such folks.
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Unknown 10 year s ago
Him, he does not invest, he found them, you are off topic, I mean the metal, not written years on parts.
You will understand all that in a few years when the fiduciary currency will collapse.
You will understand all that in a few years when the fiduciary currency will collapse.
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6.
gigantes 10 year s ago
many of us know that fiduciary will collapse, but most of you seem to believe that precious metals or whatever are going to bail you or the system out. i mean, how long do you think gold is going to help you when products and resources that you're used to having access to quickly disappear? how is gold going to feed you, provide defenses against roving mobs & local warlords, prop up your way of life, etc when it no longer has real trading value?
no, i reckon the only way you'll survive what's coming is to be remote and off the grid, self-sustaining, have highly trained survival skills and be with a group of like-minded individuals. even then, life will be hard and will devolve from the standards you're used to... and even then you'll need to get lucky. not to mention you'll almost certainly die prematurely... so what's really the point?
btw i have no idea what language you actually speak, but i suggest you speak in that instead. your english is close to pure nonsense.
no, i reckon the only way you'll survive what's coming is to be remote and off the grid, self-sustaining, have highly trained survival skills and be with a group of like-minded individuals. even then, life will be hard and will devolve from the standards you're used to... and even then you'll need to get lucky. not to mention you'll almost certainly die prematurely... so what's really the point?
btw i have no idea what language you actually speak, but i suggest you speak in that instead. your english is close to pure nonsense.
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channax 10 year s ago
OOOOOOOOOOOOOOOOOOOOOOOOOOO
LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
DDDDDDDDDDDDDDDDDDDDDDDDDDDD
LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
DDDDDDDDDDDDDDDDDDDDDDDDDDDD
Ouch, then he knows nothing of what is going on around him, he exchanged "real" 100 million in gold, against 10 million pieces of paper.
In a few years we find him hanging in his barn.
i said "typically weak" and "usually a bad idea" because many (maybe even most) investors don't grasp how typical it is for the market to stagnate on coin value and how easy it is to get fleeced by dealers and specialists who deceive them on valuations.
many's the poor sap who invests thousands in rare coins (incl. gold and silver coins) and immediately loses a third or more on value because of crooked appraisals and not understanding how much harder it is for the avg consumer to sell rather than buy. indeed, i wouldn't be surprised if you're one of the very con artists who takes advantage of such folks.
You will understand all that in a few years when the fiduciary currency will collapse.
no, i reckon the only way you'll survive what's coming is to be remote and off the grid, self-sustaining, have highly trained survival skills and be with a group of like-minded individuals. even then, life will be hard and will devolve from the standards you're used to... and even then you'll need to get lucky. not to mention you'll almost certainly die prematurely... so what's really the point?
btw i have no idea what language you actually speak, but i suggest you speak in that instead. your english is close to pure nonsense.
LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
DDDDDDDDDDDDDDDDDDDDDDDDDDDD