IN-DEPTH ANALYSIS
FOR THE RARE COIN INVESTOR by The Rosen Numismatic
Advisory Editor:
Maurice Rosen - August/September 2009
The
Rosen Numismatic Advisory intervew: Richard
Maybury
WHO IS RICHARD
MAYBURY AND WHY SHOULD WE CARE? I don't blame
you for asking. He is not among the first-string,
star hard-money commentators. Yet, when you
read what he has written, and hear his talks
(on his website, richardmaybury.com and on youtube.com),
you quickly realize here is a person to be listened
to.
He is widely regarded
as one of the top freemarket writers in America.
His articles have appeared in the Wall St. Journal,
USA Today and other publications. In his newsletter,
Early Warning Report, he stresses geo-politics
and economics. He has written 22 books and monographs
and has been interviewed on more than 250 radio
and TV shows across America, on topics ranging
from monetary policy, investments and business
cycles, to the geopolitics of the Mideast oil
region and former Soviet Union, as well as U.S.
foreign policy.
Mr. Maybury sent
me a packet of back issues of EWR which I found
fascinating reading. He has a broad understanding
of economic, social and political issues, is
a libertarian (favoring minimum government),
is guided by two laws: 1) Do all you have agreed
to do, and 2) Do not encroach on other persons
or their property, and counts U.S. Congressman
Ron Paul as an avid reader.
What intrigued
me to first contact Mr. Maybury for an interview
is a comment he made when interviewed by another
publication. He foresees massive inflation,
$3,000+ gold and $50+ silver in as few as 2
years from now -nothing so unusual about those
predictions within hard-money circles- but here's
what he said that drew my attention: however
high the gold price goes, rare coin prices will
go 5-times higher! So, if gold triples, rare
coins will go up by 15-times! If gold goes up
by a factor of 10 (which he writes is very possible),
the inference is that rare coin prices will
soar by a factor of 50!
Actually, he stresses
it's not that those prices will rise but that
the value of the dollar will fall. Anyway you
look at it, that was a prediction that I couldn't
resist ignoring.
After
you read the interview that follows here, go
to his website. There you will be able to read
for free: a sample issue of his newsletter;
special free bulletins; various interviews and
speeches, including his latest, "The impoverishment
of the young;" and what he calls the Chaostan
model (the land of Great Chaos).
