Haha! I still have no clue what that even is... Yard-sale find or something. It looks like somebody painted up an old trophy to be Deion/Jerry. Jazamby?
Thanks Jim! Most people argue against gold being an actual investment, I wonder if maybe that sentiment changes some day? All I know personally is I'd much rather have gold and silver than any chromey card or paper currency not backed by gold. Now I just need to win that PowerBall so I can afford some haha! Some certain ultramodern should do well in the long run but how can something be an investment when the buyer paid Mickey Mantle prices (without Biff's Almanac...) for a guy who's yet to play one inning of pro ball yet? What if the dude has ONE off season? His cards go off a cliff and have to work their way back up while everyone starts focusing on the next "new" Mantle. We've seen this before Jim... I sure hope our cards go up man! As long as they are worth more when we finally sell our collections, technically it was an investment! At least I'll tell myself that!
My Dad is bullish on coins. I don't have Gold because it's expensive, just Silver. But I think this could be the new norm. We will see. They are both up big thus far in 2024. Silver is 40 percent up in past year. I think.
This same buddy and I were just discussing this yesterday... We both believe 100% $2400-2500 is the new floor on gold - minimum. With silver, it's been at $50 before and that's before it was needed anywhere near the level it is now. Silver even has healing properties! I literally would have never healed of past injuries I've had without a product called Silver Sulfadiazine. Silver has a long way to go and the gold:silver ratio right now serves silver very well as a decent buy I would think. Assuming the trend continues. Nobody can deny that JP Morgan and other "investors" constantly keep the numbers down so they can transfer wealth far below true market value on precious metals. But when that changes, if it ever does, they will be the ones holding the biggest pile of physical bullion. The fact gold is so pricey in comparison should bring more attention toward silver when/if people wake up. Everyone keeps trying to time the stock market or use DraftKings weekly for these types of gains, but the answer is hiding in plain sight! Too much of an instant gratification mentality in investing and financial strategy these days. Same thing in the card industry!
Cool story, great stuff. Thanks for sharing
You bet, thanks Orlando!
I like that statue back there sir dibs 😂😂😂
Haha! I still have no clue what that even is... Yard-sale find or something. It looks like somebody painted up an old trophy to be Deion/Jerry. Jazamby?
Cool story! Cards are a hobby gold is an investment! I always laugh when I see people who think they are “investing” in Chrome and Prizm rookie cards!
Thanks Jim! Most people argue against gold being an actual investment, I wonder if maybe that sentiment changes some day? All I know personally is I'd much rather have gold and silver than any chromey card or paper currency not backed by gold. Now I just need to win that PowerBall so I can afford some haha! Some certain ultramodern should do well in the long run but how can something be an investment when the buyer paid Mickey Mantle prices (without Biff's Almanac...) for a guy who's yet to play one inning of pro ball yet? What if the dude has ONE off season? His cards go off a cliff and have to work their way back up while everyone starts focusing on the next "new" Mantle. We've seen this before Jim... I sure hope our cards go up man! As long as they are worth more when we finally sell our collections, technically it was an investment! At least I'll tell myself that!
Accept payment in gold sounds like a great deal to me!!
Amen! If I was running a brick and mortar or providing a skilled trade someplace, I would accept as payment as well! Probably even discounts!
My Dad is bullish on coins. I don't have Gold because it's expensive, just Silver. But I think this could be the new norm. We will see. They are both up big thus far in 2024. Silver is 40 percent up in past year. I think.
This same buddy and I were just discussing this yesterday... We both believe 100% $2400-2500 is the new floor on gold - minimum. With silver, it's been at $50 before and that's before it was needed anywhere near the level it is now. Silver even has healing properties! I literally would have never healed of past injuries I've had without a product called Silver Sulfadiazine. Silver has a long way to go and the gold:silver ratio right now serves silver very well as a decent buy I would think. Assuming the trend continues. Nobody can deny that JP Morgan and other "investors" constantly keep the numbers down so they can transfer wealth far below true market value on precious metals. But when that changes, if it ever does, they will be the ones holding the biggest pile of physical bullion. The fact gold is so pricey in comparison should bring more attention toward silver when/if people wake up. Everyone keeps trying to time the stock market or use DraftKings weekly for these types of gains, but the answer is hiding in plain sight! Too much of an instant gratification mentality in investing and financial strategy these days. Same thing in the card industry!
Very cool my friend
Thanks Dean!