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 Three Institutions That Don't Want You To Own Gold
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Gr33nday43
New Member


Uzbekistan
10 Posts

Posted - 07/19/2009 :  00:06:05  Show Profile  Send Gr33nday43 a Yahoo! Message Send Gr33nday43 a Private Message
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Nickelless
Administrator



USA
5580 Posts

Posted - 07/19/2009 :  01:00:30  Show Profile Send Nickelless a Private Message
This has been discussed before, and while the points on that site are true in principle, how can they be reconciled with the fact that the Mint is selling gold and silver? My take on it is that the Mint is trying to get whatever markup it can WHILE it can, and hoping that people sell when the price spikes instead of people holding onto it and viewing it as real money after the dollar finally bites the dust. Just my 2 cents.


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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 07/19/2009 :  01:18:55  Show Profile Send HoardCopperByTheTon a Private Message
I thought I heard the other day that the mint just suspended sales of gold and silver coins. Maybe they couldn't make enough profit on them.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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Ant
Penny Hoarding Member



USA
894 Posts

Posted - 07/19/2009 :  12:04:26  Show Profile Send Ant a Private Message
They probably suspended production and sale of bullion coins to make more presidential dollar coins! YEAH, W00T! PRESIDENTIAL DOLLAHZ Y'ALL!

Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote

Coins are the metallic footprints of the history of nations. --William H. Woodin
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