Man Tries to Sell 1 oz gold coin for $50

[partypup]

This is for all the Piggs out there who swear there’s a bubble in gold.

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Now to be fair, I’m quite sure that some of the people interviewed simply thought he was pulling a scam. But the curious thing is that when pressed about why they wouldn’t buy the coin even for its $50 face value, many people simply said, “Because I don’t need it.” Not one of them responded as follows: “How do I know it’s real?” I think most people, even if they could be assured that the coin was not a fake, simply do not see the value of holding gold – yet.

When and if this guy cruises through the same neighborhood in a couple of years and gets multiple offers or gets jacked for his gold, that will be my cue to sell 😉 Until then, I’ll just ride the wave. India just bought 2 tons, which sent gold over $1100. What are those crazy Indians thinking?!

http://www.youtube.com/watch?v=Gk5aRIz17fk&feature=player_embedded

[lostkitty]

It seems like you work awfully hard looking for stories to support your view. Must be time consuming.

[lostkitty]

It seems like you work awfully hard looking for stories to support your view. Must be time consuming.

[lostkitty]

It seems like you work awfully hard looking for stories to support your view. Must be time consuming.

[lostkitty]

It seems like you work awfully hard looking for stories to support your view. Must be time consuming.

[lostkitty]

It seems like you work awfully hard looking for stories to support your view. Must be time consuming.

[ucodegen]

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Sounds like the argument used by people saying that housing has much more to go up. Bubbles burst when there is no-one willing to buy at the new higher price.. and people have to unload. This applies to gold as well as housing. Since he could not unload the gold coin at the desired price.. it means that the ‘real’ price is actually lower.

NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.

Comment on yahoo:

I’m a gold/silver bug, and I wouldn’t buy from this guy off the street either. There are too many fakes, and how can you tell if this guy is telling the truth about the coin?

[ucodegen]

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Sounds like the argument used by people saying that housing has much more to go up. Bubbles burst when there is no-one willing to buy at the new higher price.. and people have to unload. This applies to gold as well as housing. Since he could not unload the gold coin at the desired price.. it means that the ‘real’ price is actually lower.

NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.

Comment on yahoo:

I’m a gold/silver bug, and I wouldn’t buy from this guy off the street either. There are too many fakes, and how can you tell if this guy is telling the truth about the coin?

[ucodegen]

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Sounds like the argument used by people saying that housing has much more to go up. Bubbles burst when there is no-one willing to buy at the new higher price.. and people have to unload. This applies to gold as well as housing. Since he could not unload the gold coin at the desired price.. it means that the ‘real’ price is actually lower.

NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.

Comment on yahoo:

I’m a gold/silver bug, and I wouldn’t buy from this guy off the street either. There are too many fakes, and how can you tell if this guy is telling the truth about the coin?

[ucodegen]

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Sounds like the argument used by people saying that housing has much more to go up. Bubbles burst when there is no-one willing to buy at the new higher price.. and people have to unload. This applies to gold as well as housing. Since he could not unload the gold coin at the desired price.. it means that the ‘real’ price is actually lower.

NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.

Comment on yahoo:

I’m a gold/silver bug, and I wouldn’t buy from this guy off the street either. There are too many fakes, and how can you tell if this guy is telling the truth about the coin?

[ucodegen]

When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

Sounds like the argument used by people saying that housing has much more to go up. Bubbles burst when there is no-one willing to buy at the new higher price.. and people have to unload. This applies to gold as well as housing. Since he could not unload the gold coin at the desired price.. it means that the ‘real’ price is actually lower.

NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.

Comment on yahoo:

I’m a gold/silver bug, and I wouldn’t buy from this guy off the street either. There are too many fakes, and how can you tell if this guy is telling the truth about the coin?

[partypup]

[quote=lostkitty]It seems like you work awfully hard looking for stories to support your view. Must be time consuming.[/quote]

LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

[partypup]

[quote=lostkitty]It seems like you work awfully hard looking for stories to support your view. Must be time consuming.[/quote]

LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

[partypup]

[quote=lostkitty]It seems like you work awfully hard looking for stories to support your view. Must be time consuming.[/quote]

LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

[partypup]

[quote=lostkitty]It seems like you work awfully hard looking for stories to support your view. Must be time consuming.[/quote]

LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

[Author]

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