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A guild of professional Gaian Investors and Exchangers who offer advice on making gold. 

Tags: Gold, Economics, Investing, Market 

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2010 and 2011 Letters

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Dead-Lee Lullaby

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PostPosted: Tue Mar 01, 2011 4:26 am


Should i buy the letters Jan-Dec of 2k10 and 2k11??? Is it a good hoard???
PostPosted: Tue Mar 01, 2011 12:29 pm


Almost all MC's are a good hoard because they won't be released again, which causes them to inflate over time. If you are going to invest in them look into how fast they move through the MP and how well they've inflated since they were released. Lastly MC hoards tend to be 6months+ are you willing and able to keep your gold tied up for that long? If you are just starting out with hoarding I suggest to stay away from MC's they are your back burner investments.

Cryptex XIII
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Testicular Diabeetus

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PostPosted: Tue Mar 01, 2011 12:32 pm


Those are good investments, I would use cash to buy them though.
Or at least that is what I do.
This way you still have your gold for hoarding stuff.
But I wouldn't go and buy old MC letters, just wait for the new ones.
PostPosted: Wed Mar 02, 2011 5:47 am


I try to avoid letters after 09 since it was around then we got a huge boom in membership. Because of that the numbers of letters out there are vastly more than years before.

As Cryptex said, if you're really interesting in those letters pay attention to BOTH charts. Far too many people only pay attention to the first one to see how high the price might get and don't take into account the second which will help you figure out how long it'll take to get there.

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Dead-Lee Lullaby

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PostPosted: Wed Mar 02, 2011 7:41 am


Cryptex XIII
Almost all MC's are a good hoard because they won't be released again, which causes them to inflate over time. If you are going to invest in them look into how fast they move through the MP and how well they've inflated since they were released. Lastly MC hoards tend to be 6months+ are you willing and able to keep your gold tied up for that long? If you are just starting out with hoarding I suggest to stay away from MC's they are your back burner investments.
Ok... Thanks dear...
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Investing Elite

 
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