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Royal Canadian Mint Bullion

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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 09/21/2012  01:50 am Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this topic Add SPP-Ottawa to your friends list Get a Link to this Message Number of Subscribers
With scary stuff like this happening, I think any future bullion purchases will be from the RCM directly.

https://goccf.com/t/129777

Link to the direct news story:

http://www.myfoxny.com/story/195782...xzz26upzXoQc
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Edited by SPP-Ottawa
09/21/2012 01:51 am
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barriecarson's Avatar
Canada
370 Posts
 Posted 09/21/2012  06:24 am  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
I didn't think the RCM sold bullion to the public?
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 09/21/2012  07:19 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
My point was, instead of bullion bars, I will stick to paying the slight premium for RCM maple leaf bullion coins.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Dcadon's Avatar
Canada
1360 Posts
 Posted 09/21/2012  09:56 am  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Fort Knox was suckered too - or then again... was the source for fake gold - an interesting read.
http://www.viewzone.com/fakegold.html
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Senex's Avatar
291 Posts
 Posted 09/21/2012  10:39 am  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply

Quote:
Fort Knox was suckered too - or then again... was the source for fake gold - an interesting read.
http://www.viewzone.com/fakegold.html


Sounds like a crazy paranoid government conspiracy plot to me.
Frankly it's total nonsense.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/21/2012  12:51 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Fortunately I can't hope to ever afford a 400 oz bar of gold!
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Anjohl's Avatar
Canada
815 Posts
 Posted 09/22/2012  03:33 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Chain of custody 101.
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BiBo's Avatar
Canada
1189 Posts
 Posted 09/22/2012  08:47 am  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
Have you guys ever tested your gold coins, bars to make sure they are real and pure .9999?
I have 3 gold bars from SC Bank, hope they are all real gold. A little worry.
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Canada
234 Posts
 Posted 09/22/2012  12:01 pm  Show Profile   Bookmark this reply Add ksimms3 to your friends list Get a Link to this Reply
^^ I remember reading some article a while back about a UK bank testing some Chinese gold and it was loaded with Tungsten.

Since you bought you gold bars from a local bank,I'm 99% sure you're safe.
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MrDisco's Avatar
Canada
3 Posts
 Posted 09/26/2012  12:12 pm  Show Profile   Bookmark this reply Add MrDisco to your friends list Get a Link to this Reply
"My point was, instead of bullion bars, I will stick to paying the slight premium for RCM maple leaf bullion coins."

Stupid question but how do you purchase SMLs or GMLs directly from the Mint?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/26/2012  12:18 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
You don't. They only sell bullion to dealers. You can only buy the commemorative ones direct and those are higher priced of course.
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MrDisco's Avatar
Canada
3 Posts
 Posted 09/26/2012  1:16 pm  Show Profile   Bookmark this reply Add MrDisco to your friends list Get a Link to this Reply
^ Thanks that's what I figured but wanted to make sure in case I was missing out on something.
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Anjohl's Avatar
Canada
815 Posts
 Posted 09/27/2012  02:39 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Most of the time, a dealer will get them to you at a low markup if the volume is right. Does the mink release it's retailer prices? As a public company, you would think they would have to. If not, I wonder would an access to information request get the info? I for one would love to know the mint's Maple pricing policy for retailers/dealers.
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BiBo's Avatar
Canada
1189 Posts
 Posted 09/27/2012  09:01 am  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
Is this thread on the wrong place? I think here we are discuss about Canadian NCLT coin, not bullion.

Bullion can be considered as NCLT? I have a little confusing about this.
Please help. :)
Edited by BiBo
09/27/2012 09:04 am
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