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Blinding White or Just Blind?
December 08, 2009

There is a big winter storm heading for Iola. What a wonderful opportunity for me to breathlessly employ it as a metaphor. Unfortunately, I can’t think of one.

This would have been handy last year at this time when the whole world seemed to be sitting on the brink of financial catastrophe, but this year things look better even if they are not robust.

The coin business is healthy, though it has slowed down from the red hot peak of 2007.

Gold might be heading for a fall, but I am not confident that such a fall, should one occur in the next days or weeks, would be anything other than a correction. Markets do tend to extremes. Gold is not an exception. It will encounter some heavy selling sooner or later, but this storm doesn’t look like a timely one to make that point.

I will be in the office tomorrow, storm or no storm. I live close enough that I can walk if I have to. Perhaps new heaps of the fresh white stuff and back muscles that remind me that I haven’t used them yet this season will inspire me. Check tomorrow and see.

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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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