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WHY FIRST FIDELITY RESERVE
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Areas We Don't Recommend:
Not every coin that is made of gold is made the same! When dealing
in coins, you have to consider more than what the coin is made out of OR if
it is simply minted before a certain year. When buying or selling your home would you look at the “spot price of
wood” in making a decision on price? Or, if you were buying an antique car,
would you be satisfied with ANY vehicle made before 1980? The answer is NO!
Everything is based on Supply vs. Demand.
We do not recommend any area unless it has a strong Supply vs. Demand curve.
To think that supply vs. demand operates in all aspects (real-estate,
stocks, the price of gas, etc…) but not in precious metals is ridiculous.
This was the same mentality of the coyote from the famed Bugs Bunny cartoons
that thought gravity existed for everyone else but him. Buying bullion coins
or antique coins that there are millions of means you are buying High
Supply which takes Higher Demand to push up in value.
Our "Laser Pointed" philosophy is characterized by what we won't do
as much as by what we will do. We discourage our clients from buying
speculation. We refuse to sell coins to a client that does not fall within
our Market Maker Strategies. The only person it would benefit would be us-and
that is not our goal.
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