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What if gold were to drop to $1,000?
May 30, 2014

Am I serious? Do I believe it?

I bring up the possibility of the drop in gold’s price because I happened to see a story a week or so ago about a famous commodity investor who thinks gold would be a good value if it could be purchased for less than $1,000 an ounce.

How can I argue with that?

With all of the forecasts of gold going to $2,000 or $5,000 circulating online, a story that turns the tables to say it is a good value if it falls just might arouse the curiosity of a lot of people,

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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