Time to Face the Music
November 29, 2007
I have received my invitation to speak at the Sarasota Coin Club meeting held in conjunction with the Florida United Numismatists Convention in January. This will be my third year in a row, so what I have to say must be of some interest to the members.
I enjoy attending. It is nice to see a meeting of a successful club that I otherwise wouldn't be able to visit and to hear what its members have to say.
This past January I gave a talk with 10 forecasts for this year. I have just one more month to go before I have to tote up my successes and failures.
One of the glaring failures so far has been my gold forecast. Back at the opening of 2007, I figured whatever gold did it would close right round $600, not all that far from where it opened the 12-month period. Better not quit my day job, as the saying goes.
I thought I had good reasons, but apparently the market thinks otherwise. I suppose I can console myself for the next 30 days by saying it ain't over 'til it's over.
But I am ready to face the music. What better place than the FUN convention to make a clean breast of things and look forward to 2008? What better group than Sarasota club members to share it with?
Then there's the truly hard part. I have to come up with 10 more forecasts. Perhaps I should leave gold alone.
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