Re: Oly's wrong again (as usual)

It's also a funny thing that the perception of a problem in any financial
market throws the Dow Jones into the toilet. It used to be that if Alan
Greenspan coughed, the Dow would go up or down 100 points depending upon how
sick he might have sounded. Bernake, unfortunately, does not wield the same
power.

I said perception because, while we do have a crisis in the housing and
mortgage markets, business outside the financial sector is fundamentally
sound. Yet stocks like Coca-Cola and Disney are way down. Last time I
checked, there were still millions of people drinking Coke products. Panic
in the streets, especially Wall Street isn't helping.

Bob


"RF" <invalid@xxxxxxxxxxxxxxx> wrote in message
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"Ira" <iras4@xxxxxxx> wrote in message
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Yet rare coins and key coins, certified by the top grading company,
have increased in value considerably over the past two years (and
longer) with no evidence of buyers fleeing.

The rare coin market has gone thru bullish periods in the past.
Right now it seems to be in an extended bull market.
TPG Canadian coins are going thru the roof.
Meanwhile, precious metals are tanking (like almost all commodities.)
Funny thing is how much of a premium folks are paying for bullion gold
coins and junk silver on eBay.


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