"Gold and Silver will rise 10 times from here.......... but rare coins will rise 50 times!"
Richard Maybury- U.S. & World Early Warning Report for Investors,.
Richard J. Maybury is the publisher of U.S. & World Early Warning Report for Investors. Maybury does not sell or buy coins and does not have any financial affiliation to any coin company. He believes that’s the US dollar will collapse and precious metals will rise 10 times from here.
Perhaps more fantastically for some, Maybury believes rare coins will rise 50 times.
And we agree.
The table above shows market cycles for the past 40 years: Of course, prices do fall between cycles, sometimes by as much as 50%. Yet during the 38 year period, through bull and bear cycles, numismatics have shown an average of 13.7% per annum.
In an EWR report from March 2006, Maybury suggests:"...Gold and silver numismatics (collector's coins) are the only investments I know that have a built-in mechanism to make them insanely lucrative – and I use the word insane seriously. If I'm right, numismatics will be a mania as crazy as the dot-coms of the 1990s.
The wise speculator will not try to pick a top, he will sell out gradually on the way up as the greed-crazed herd stampedes in. It's a good idea to establish a relationship with a broker now, so that you can be prepared to bail out when the time comes.
Compared to any other investment I can think of, numismatics are in very short supply. This creates a ratcheting effect when numismatics become fashionable......I could be wrong, but I think this ratcheting effect may have begun again. Since September, some rare coins have nearly doubled.
In my opinion, numismatics are the lowest risk shoot-for-the-moon speculation available at this time. Prices will fluctuate, probably a lot, but Helicopter Ben, I believe, removes most of the long-term risk from gold and silver investments of all kinds.
If you buy MS-61 or 62 Double Eagles certified by ICG, PCGS or NGC, I think the present risk level is 1.75; five year profit potential 500%..."
At the time of writing the PCGS 3000 index stands at 71,623 up about six percent from its twelve month low of 67, 768 and slightly above the Trend Line low.
The market would need to rise seventy one percent to reach its nominal all time high, and if past cycles indicate anything of today, the “Mania” that Maybury foresees has yet to take off.
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