Posted Jan 12, 2014 by Martin Armstrong
The first gold coin produced in the American Colonies is known as the 1787 Brasher Doubloon that was just sold at the Heritage auction for $4,582,500. Ancient coins are generally up substantially over the last 10 years with pieces that sold for $20,000 in 1994 bringing today $150,000 to $200,000. Money continues to move out of banks and bonds looking to get off the grid. These market may still rise sharply and the peak appears to be actually 2025 or the peak on the next 8.6 year wave completing a cycle wave from the 1994 low.
European real estate seems to be headed for a high in 2015.75 on a 26 year bull market. It appears that equities and collectibles may fair the best with real estate tending to peak first.