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Some collector/investors appearing to panic? Why?

Started by Polarbear69,

32 posts in this topic

Polarbear69

Polarbear69

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Politics does effect free markets and the price of precious metals as well as collectable coins. The main reason the federal reserve has kept interest rates between 0-0.25% is our national debt of over 17 trillion. The lower the rate the slower the growth of the debt interest. Printing money and buying expiring bonds and other debt instruments keeps the mega banks and the government liquid. Bernanke is a pawn for the banks and big government and will follow the needs as they state.

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OldTimothy

OldTimothy

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If your a "SOCIALIST" with "COMMUNIST" beliefs you probably love "OBAMA". This country is based on a "GOVERNMENT" that does not inhibit free enterprise with high taxes and regulations. Gold, Silver and precious metals are our safety net if our currency collapses. Remember "Germany" in 1920's when the reich-mark died? Anyhow why not collect coins that are gold and silver and enjoy the safeguard of a precious metal with beauty of a coin. Best of two worlds.

 

Obama is neither a socialist nor communist. He does not control the Fed – you can blame Bernanke for the mess he has created. This is a coin discussion group – don’t bring your obvious political agenda here.

 

I agree.

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