The Wall Street Journal reported the end of the year financial numbers. 

1.  The Dow was up 5.53% even though it is still way off its all time high of 2007. 
2.  The Euro Stock 600 was down 11.34%
3.  The 10-year Treasury Yield was down
4.  Gold was up 10.16% ending the year at $1565.80

The real number I focus on is how Gold was up the higherst percentage of the other financial indicators mentioned.  Actually, being up 10% in this market is not that bad. 

In my opinion, this 10% is a very low percent increase compared to its potential.  The potential of the future spot price of Gold is what is captivating me and the rest of the world.  It would not take allot to take Gold over $2000 in 2012.  The fundamentals are already in place.  That's the great part about where Gold is resting right now.  Everything is already in place.  

When Gold is moving forward, it sets the stage for other areas of numismatics.  This is why I am so bullish on the future of numismatics and Modern Chinese coins.  They will accelerate as the rest of the world events unfold.  Being patient is the key.  

Even though Modern Chinese coins are taking a breather and prices are soft as mentioned in my previous blog.  I think the long term aspects are very healthy and positive.  I want this to be the carrying thought leading into my next blog. 

     Be patient - Be positive - Think about the long term

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