Coin Collecting

In an era where the stock market is witnessing a notable upswing, investors and financial enthusiasts are faced with new challenges and opportunities. This evolving landscape prompts a pertinent question: is diversifying into alternative investments like silver coins and bullion still a wise decision? In previous articles, such as “Silver Prices Forecast and How to Get Started Stacking Silver for Fun and Profit”, we explored the dynamics of silver as an investment and its potential for generating profit. Now, we delve deeper into the relevance of silver stacking in the context of a burgeoning stock market. As we examine this topic, we draw upon insights and trends from these past discussions, providing a comprehensive view for both seasoned investors and enthusiastic coin collectors. ...

Hey there, fellow silver enthusiasts! Ever felt the thrill of discovering hidden treasures right in your pocket change? That’s the joy I find in hunting for junk silver coins. It’s not just a hobby; it’s a mini adventure that even my family gets in on. Let me share with you the ins and outs of this exciting world, where every coin has a story and potentially, a slice of silver! ...

How many times do you feel that you must’ve touched a silver dime in your pocket change only to give it away without knowing about it? Maybe you found an odd-looking coin in an old house and thought it was fake because it didn’t look like a regular US coin? Maybe you’re a coin roll hunter already and are getting strange looks from you bank? Whatever the reason, there are many ways to hunt for coins! Building wealth through coin hunting is easy but it does require some knowledge. This is my guide to coin hunting! ...

Nothing conjures the thrill of adventure like sunken treasure. This is a tale during when Pirates attacked Spanish ships sailing from the New World to Europe. Pirates stole minted silver and gold coins destined for the coffers of the Spanish King. The time was 1497, a few years after Columbus sailed to the New World. The Spanish Empire had minted the silver Spanish Dollar which became known as a the ‘piece of eight.’ They called it that because it was worth 8 Realas, another unit of currency from the mid 14th century. Note, the Peseta replaced the Realas in 1868. ...

I just read this CNBC article that Ray Dalio is going long Gold. He believes that the markets are undergoing a paradigm shift and he might be right. The operative word is might. His fund’s been taking losses this year but appears to be recovering this July as gold perks up. Why is gold perking up? There’s a lot of economic and poltical uncertainity happening right now thanks to Trump, the Chinese Tariffs, and many other things. Plus, we just came out of an insane Real Estate crash 10 years ago and despite everyone saying it’s over, it still doesn’t feel over to me. ...

I’ve been meaning to give you an update on what’s been happening at my local coin show (Feb 2014). The short of it is that general attendance is down, the regulars Numismatics are back, and the majority of dealers are buying silver and gold back. This is an interesting change of sentiment because the last time I was there (about a year ago), gold and silver were at higher levels and lots of noobs were there buying coins. Dealers were selling to the public like crazy and all the transactions were done in cash. Now that the price of gold and silver is a lot lower, my guess is that the noobs are either holding or out of the market completely. ...

It’s probably no surprise to my readers that in addition to trading and building neural net models, I like to collect coins and paper money, especially paper money that’s worthless. As a Numismatic, my approach to coin collecting is simple; collect items I like and add in a few items for their metal value (gold and silver). I probably do more collecting nowadays than trading because the markets have become one highly frequent casino. ...

After I read this WSJ article I realized that we are in the buying opportunity of a lifetime. That is if you are a contrarian, emphasis mine. =) The ups and downs of the market are prompting more retail investors to abandon buy-and-hold strategies in favor of opportunistic trading. Some want more control over their money, so they are fleeing funds and advisers — not to mention the feelings of helplessness raised by recent months’ losses. Some are attempting to recoup their losses, while others are stepping back into the markets after a recent string of stock gains and better-than-expected economic news. ...

Babak posted about a possible double top forming in Gold (and Oil) in his blog a few days ago. While I agree with his technical analysis on the daily charts, I disagree with his conclusion that Gold has topped out. In my mind, Gold is driven 80% by fundamental reasons instead of technical analysis. If you look at the weekly chart, Gold looks poised to possibly make a run higher after this consolidation. ...