I researched the coin incorrectly. It is a half-ounce coin and I was pretty sure it was a quarter-ounce. At least I didn't burn my bridge with my dealer... Originally Posted by enderwigginThanks. Believe it or not, I've been fretting that you got stiffed.
With all the talk about deflation currently, my guess is gold prices may drop ... for a while. The consensus is we won't have a double dip recession...and we all know how reliable consensus opinions have been. I'm trying to imagine good ways to discount the economic effects of the invitable gloom from Dip 2 (or the next slowdown, if you prefer). Incumbent elected officials will be even more desperate and crazy than usual. The indebtedness incurred by Obamanomics is unsustainable: it will either have to be repudiated or inflated away. The historic response to such a dilemma has been war. I'm not talking about small war either; it's total warfare and inflation that look all but inevitable to me, especially if the Obama regime is allowed to persist.
And, once again, ignorance will have been proved to be the most expensive commodity in the world.