To: af_vet_1981
Stupid money, smart money. People pay a million dollars for an autographed baseball. The man that owns it considers himself to be quite smart. As to melt value being true worth. You cannot eat gold, it is material vanity even as melt value. The market for collectibles is cyclical like any market, but has increased steadily over melt value commodities. Don’t you wish that you owned the first spiderman comic? That was stupid money in 1963.
20 posted on
05/20/2007 11:58:20 AM PDT by
mission9
(Be a citizen worth living for, in a Nation worth dying for...)
To: mission9
- How many people pay a million dollars for an autographed baseball ?
- 17 tons of silver, do you know how many tarnished coins that could represent ?
- You don't need to eat gold. You trade it. It is a commodity.
- What did the first SpiderMan comic cost ? If you were one of a handful of people who preserved it, and sold it when it was in demand, you made smart money. If you buy it now, you spent stupid money.
21 posted on
05/20/2007 12:19:55 PM PDT by
af_vet_1981
(Waiting for Samson)
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