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BURNED OUT ON THE METALS

WOW, has gold and silver been on a tear? There are not many roller coasters built that equal the up and down swings the prices of metals have taken in the past week or so. It has burnt us out…

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METALS WHIPLASH

Many of you probably did not notice that this past Thursday there was a half-hour “whiplash” (probably computer-generated profit-taking) sell-off of gold. It dropped over $350.00. By lunchtime it had recovered. We got whacked on 2 MS65 Saints as the bids were tied to the price of gold that second…

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TIME FOR SOME PEACE AND QUIET?

MAYBE NOT SO QUIET?

Now we are entering what typically is a dull/quiet time. Another time like this happens after the summer ANA show. The only problem is no one told that to the market. BOTH dealers and collectors are working overtime seeking coins…

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HARD ASSETS ARE RED HOT

Every major coin dealer we know is today working with a highly depleted inventory. We have been telling you how low our inventory has been for months—we just saw the numbers. Legends inventory was higher in 1997 when Bruce Morelan (TD) became our partner…

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