Have you noticed?...a new paradigm
Posted: Mon Oct 05, 2015 12:12 pmI've never seen a day like today, let me explain:
Equities trading higher, dollar higher, silver up rather smartly, and gold down a couple dollars.
before if equities and the dollar were higher, silver would be hit hard, and gold trading a tad lower.
it might seem like a small thing, its noon central time, so the day isn't complete, but....just an observation.
on a side note, I told Raymundo this, I was fortunate enough to pick up a "roll" (its really a long white tray in roll shape) of 1971-S Ike Dollar 40 Ag Proofs from a one man operation, a seller I've dealt with extensively, who does NOT cherry pick. "How do you know this?"
Trust me, I know.
as with corn and wheat spreads, I look for niche markets, and over the past 7 years,i made high MS Ag Ike's (both browns and blues, that proof and uncirc) one of my niche markets, and to that end, I have stacked a substantial FV amount of these Ike's. I always thought this niche market, in raw rolls was undervalued,and overlooked...overlooked is the imperative word.
I also hit on a few other niche 90%'ers, etc....i'm PCGS, and I watch auctions, never slabbed, but now i'm of the mind to selectively slab, as I have been training my "grading eye"...(and yes I do "wobble"..lol)...and in trading my "eye", I haven't fallen into the trap of where my coins "grade higher", instead I get "harsh" with my coins, looking for reason to ding down a grade.
I believe ,for me, its time to lightly slab the beauty queens, as in the future, hot money will flee to asset classes that are tangible, and if successful, do a 50/50, 50% for Maples, which is the only Ag bullion coin I have any interest in, and 50% to amp up even further retiring debt.
and on a final note, I've decided to cast my one vote for Dr. Ben Carson
http://www.theguardian.com/us-news/2015 ... -president
Equities trading higher, dollar higher, silver up rather smartly, and gold down a couple dollars.
before if equities and the dollar were higher, silver would be hit hard, and gold trading a tad lower.
it might seem like a small thing, its noon central time, so the day isn't complete, but....just an observation.
on a side note, I told Raymundo this, I was fortunate enough to pick up a "roll" (its really a long white tray in roll shape) of 1971-S Ike Dollar 40 Ag Proofs from a one man operation, a seller I've dealt with extensively, who does NOT cherry pick. "How do you know this?"
Trust me, I know.
as with corn and wheat spreads, I look for niche markets, and over the past 7 years,i made high MS Ag Ike's (both browns and blues, that proof and uncirc) one of my niche markets, and to that end, I have stacked a substantial FV amount of these Ike's. I always thought this niche market, in raw rolls was undervalued,and overlooked...overlooked is the imperative word.
I also hit on a few other niche 90%'ers, etc....i'm PCGS, and I watch auctions, never slabbed, but now i'm of the mind to selectively slab, as I have been training my "grading eye"...(and yes I do "wobble"..lol)...and in trading my "eye", I haven't fallen into the trap of where my coins "grade higher", instead I get "harsh" with my coins, looking for reason to ding down a grade.
I believe ,for me, its time to lightly slab the beauty queens, as in the future, hot money will flee to asset classes that are tangible, and if successful, do a 50/50, 50% for Maples, which is the only Ag bullion coin I have any interest in, and 50% to amp up even further retiring debt.
and on a final note, I've decided to cast my one vote for Dr. Ben Carson
http://www.theguardian.com/us-news/2015 ... -president