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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Feb 21, 2013 10:27 AM Flag

    12% yield

    thanks for that. Buying more here

    I believe the sell off is due to gold being down to $1560 (now $1580). That is truly my only concern with this company; a gold/silver sell off. I think the Fed is just jaw boning

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    • With a gold/silver sell-off there is only one place to go: coins. Paper gold/ETFs are price manipulated, physical gold is a storage and insurance nightmare. A small coin/gold dollars, eagles ... can be an investment from $xx,xxx to $xxx,xxx ... It's easy to carry or store overseas when like in early 1900s Germany an American wants to flee for safety and freedom. Try leaving the US with physical gold, dollars, securities, ... and see how far you get. If you make it out, try opening a bank account in another country. Banks don't want the account expense/paperwork that the US now demands of them.from $xx,xxx to $xxx,xxx ... It's easy to carry or store overseas when like in early 1900s Germany an American wants to flee for safety and freedom. Try leaving the US with physical gold, dollars, securities, ... see how far you get.

    • now at 20,000 shares at an avg price of $11.05

 
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