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 Replies: 39 / Views: 5,168 |
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Rest in Peace
United States
1729 Posts |
"Just buy a little real metal" ... from our sponsors. I say this whole message is scarespam. And US Mint, just what are your affiliations? Mods, I think we've been had.
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Bedrock of the Community
United States
12437 Posts |
Quote:At that time the reason behind the "shortage" was Mint capacity. The striking capacity of the Mint was being used by the new State Quarter program. That was one of the reasons for switching all bullion production to West Point to free up Philly for business strikes. |
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Pillar of the Community
United States
5318 Posts |
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I say this whole message is scarespam PLS, great word.  I noticed a bit of hyperbole as well. |
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Pillar of the Community
United States
4541 Posts |
Quote:
What am I missing? The U.S. Mint website has American Eagle gold and silver for sale as I type this. Am I missing something? Quote:
I could be mistaken, but I thought the "shortage" was for bullion products sold to the dealers. That would not affect the coins sold directly to the consumer from the Mint website.  I dont believe you are mistaken. The article was also on APMEX.com so I doubt that Quote:
this whole message is scarespam Here is the link http://apmexdealer.blogspot.com/200...ales-of.html |
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Pillar of the Community
United States
6326 Posts |
Hopefully in a resonable amount of time, we'll understand more about this and what it means with much more clarity.....  Edited by eaglefoot
08/17/2008 3:45 pm
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Pillar of the Community
United States
1208 Posts |
I believe the mint is suspending the sales so they don't
have to sell at the current low price. The coins are
minted and planchets waiting, that they paid much more
for just recently.
With the whole thing about trying to get coins 'reformulated'
to cheaper metals, I am sure this is it. The mint is all
about how much money it can suck out of the public.
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Pillar of the Community
United States
1208 Posts |
Also need to point out that if our government still
had any gold, the mint wouldn't have to go anywhere
else to get it. Proves the point that the government
converted us off the gold standard, then raided Ft Knox
for it's own benefit.
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Moderator
 United States
188770 Posts |
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I say this whole message is scarespam Scarespam... a new word for that type of FUD. I like it!  Quote:
And US Mint, just what are your affiliations? Mods, I think we've been had. I always thought US Mint was one of Dad's alter egos. Maybe this was meant to posted by the Coin News account? |
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Valued Member
United States
487 Posts |
one site that I check often that buys and sells Gold and Silver has almost nothing for sale and is paying over spot on what it is buying. This tells me that the market is artificially low at this point.
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Valued Member
United States
167 Posts |
I'm hoping we're headed for a land of gold prices that makes it able for me to afford bullion again. but I doubt it
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Pillar of the Community
United States
7123 Posts |
as long as the dollar continues to strengthen ,metals will continue to fall eventually the market will adjust and stabilize to some degree .
keep in mind the dollar is volitile and there are many things which can and will affect it on the exchange rate .
with all the hype on gold that has been seen in the last several months and the brisk trading in gold that has been happening you can bet that those who bought at above 900 are right now wishing they had waited for a few months .
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Pillar of the Community
United States
6326 Posts |
Wish I'd have bought when it was below $500.00 !!......long as we're wishin' !....  |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Also need to point out that if our government still
had any gold, the mint wouldn't have to go anywhere
else to get it. Proves the point that the government
converted us off the gold standard, then raided Ft Knox
for it's own benefit. No it proves nothing because the law requires the Gold eagles, and I believe the Buffalos as well, to be struck from newly mined US gold it at all possible. So they CAN'T use stockpiled gold. Most likely they stopped selling them, if they have, because they can't sell them at the current price levels because the market price of gold has dropped so much that very few people are willing to pay the high premium over bullion for them. |
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Pillar of the Community
United States
6326 Posts |
That's not treating me fairly as a customer...........  So, they have NO PROBLEM instantly raising the price when it goes UP..... but the minute it goes down enough......then they want to stop sales until the price returns more to their liking >? If this is the "jist" of things........then I'm going to make a sign and go protest on the corner ! They should "follow the market" whichever way it goes.......
Edited by eaglefoot
08/19/2008 3:56 pm
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Pillar of the Community
United States
4541 Posts |
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Replies: 39 / Views: 5,168 |
First Page
Posted 08/17/2008 1:36 pm
