Time to start that coin collection!!

As of late we have been watching the metals prices fluctuate fairly strictly within a range. Silver has been basically between $28 and $33 for some time now, albeit with seemingly random breakouts occurring on both the up and the down sides.

This channel that metals have been living in is reflective of two primary factors. The first is uncertainty in economies as a whole. With the edginess of the Euro, political discontent in Russia and a slightly slowing Chinese economy people are not sure which direction to go. So they'll “flee to safety” one week and return to the markets in force the next. The second is, at the very least, the perception that the markets are manipulated. Evidence for manipulation in the silver markets is abundant. A manipulated market would be expected to operate tightly within a channel and this is largely what we see.

With the strong possibility of an economic recovery looming (Europe's troubles notwithstanding) a shift from a bullion or flight to safety mindset may be in order. Historically the people who have done very well with hard assets are collectors. This is particularly true in rare coins where the person who studies and buys rare coins sees his or her wealth grow exponentially as compared to gold and silver bullion hoarders. Rare coins have been far from depressed in recent years, but in relations to their basal metal value they have been quiet. It is, as they say, a very good time to buy.

Start investigating the world of numismatics. You will enjoy the hobby immensely and if you educate yourself it is relatively easy to expand your personal portfolio.

Go to our website www.brokencc.com  to see the finest selection of rare coins on the web. Whether you're looking to buy or not, this is a great way to get a feel for values and see some incredible rarities. If you're new to collecting give us a call 1-888-836-5527 and we'll be happy to guide you.