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[Hoard! Hoard!] Gold Coin Shortage
Forbes ^ | 11/25/2009 | Heather Struck

Posted on 11/25/2009 6:24:59 PM PST by bruinbirdman

click here to read article


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To: bruinbirdman

My, my, my...now what?


21 posted on 11/25/2009 7:18:16 PM PST by madison10
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To: Nervous Tick
Maybe not

Blanks headed for the US Mint.

22 posted on 11/25/2009 7:18:18 PM PST by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: AAABEST
are FR gold-bug trolls

Watching print money go nuts is no reason to believe gold will not rise. That was 2003. Everything beyond that is just nuts. Fast Forward to now. Calling gold investers trolls is not at all accurate.

23 posted on 11/25/2009 7:23:29 PM PST by eyedigress
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To: An Old Man

Oooh! Pretty!

The gold bullion bars look cool too.

That facility doesn’t look all that secure, though. Maybe looks are deceiving.


24 posted on 11/25/2009 7:29:57 PM PST by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: Nervous Tick

25 posted on 11/25/2009 7:34:12 PM PST by eyedigress
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To: eyedigress

Gold really IS a beautiful metal. There’s no denying it.


26 posted on 11/25/2009 7:35:55 PM PST by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: Nervous Tick

I call it divide by one-third and take the rest. The hard part is when? The old threads attacking me and others became just that. The Fed has been printing for some time and the big players knew it.


27 posted on 11/25/2009 7:40:41 PM PST by eyedigress
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To: eyedigress

>> I call it divide by one-third and take the rest. The hard part is when?

I’m not sure I understand. Are you referring to a strategy for selling after a run-up?


28 posted on 11/25/2009 7:49:34 PM PST by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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Comment #29 Removed by Moderator

To: Nervous Tick

Just protecting my butt. The 1/3 is a myth. A tax on currency is illegal.


30 posted on 11/25/2009 7:52:50 PM PST by eyedigress
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To: Circle_Hook
the dollar is no longer tied to gold

Well, seems there are _two_ "dollars": one is the common paper form (and electronic & credit variants) everyone is familiar with (and is devaluing over the long run), and then there is the "dollar" as in the face value on US Mint gold/silver/platinum coins (and whose value is tied to the metals, $20/oz gold and $100/oz platinum, and always has been). If the two conflated "dollars" could be separated & named, interesting days would follow.

31 posted on 11/25/2009 8:05:36 PM PST by ctdonath2 (Psalm 109)
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To: ctdonath2

If the two conflated “dollars” could be separated & named, interesting days would follow.

worth repeating


32 posted on 11/25/2009 8:09:45 PM PST by eyedigress
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To: Morgana
"How about gold teeth at the dentist?"

LOL, no way are ya gonna get away with that! They were wise to the game a long time ago.

Why do you think the Dentists are pushing those nice Porcelain implants and crowns?

33 posted on 11/25/2009 8:33:30 PM PST by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: AAABEST

I buy on the internet and I am having no problem finding supply.


34 posted on 11/25/2009 8:59:47 PM PST by webschooner
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IMHO, I live in the Midwest and by all accounts would be considered to be in a comfortable position with reasonable options in how and where I choose to live. Uh, yes honey I know that you make all the decisions, I was just sayin.

If I committed the entire generous inheritance that I received from my wonderful grandmother, God rest her soul,I would be able to purchase about 275 American Gold Eagles. Sad huh! We just had an Insurance exec go bankrupt with a car worth that much.

I only mention this as I believe that most Freepers, all of whom I dearly love, cannot ever get in the game and do not have access to financial and social connections that would make them money players; me included, especially me since I don’t trust anyone that is prettier than my uncle Harold. Yeah that’s right, I’m referring to people on TV like Lou Dobbs and other girlie men. Nice tan Lou. Piss off.

Get real y’all and don’t be concerned with the $800 million dollar profit India just made and why they would hurry and commit to purchasing the remaining 200 tonnes from the IMF.
It is not meant for us to know about or understand and why should we.

When I wake up tomorrow I will still be an average, pink slippin, tea partying, bus riding, home made sign carrying white woman living in Carmel Indiana waiting for Sarah to come save me. OK guys, leftovers tonight.


35 posted on 11/25/2009 9:02:45 PM PST by carmelanne (State and County Republican party leaders, your all finished.)
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To: HospiceNurse

This forum is infested with metals dealers.


“Vultures, vultures, everywhere!”

You are a paranoid loony bird newbie.


36 posted on 11/25/2009 9:12:24 PM PST by Atlas Sneezed ("Personal freedom begins when you tell Old Mrs. Grundy to go to Hell." -Lazarus Long)
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To: HospiceNurse

o_O


37 posted on 11/25/2009 9:13:16 PM PST by wafflehouse (RE-ELECT NO ONE !)
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To: Travis McGee

Travis, how about this for a plot element. Criminals infiltrate one of the blank-producing outsourcing companies, and develop a way to produce gold-clad tungsten blanks that coin properly.

When the fake are discovered, it not only made the anti-American criminals billions, but it further destroys the political/economic credibility of the US.

The news sure is good disaster fiction fodder these days, isn’t it?


38 posted on 11/25/2009 9:15:12 PM PST by Atlas Sneezed ("Personal freedom begins when you tell Old Mrs. Grundy to go to Hell." -Lazarus Long)
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To: roaddog727

I agree with post 19. When times get really bad, ammo, canned meat, canned vegetables and medical supplies will be better trade goods than gold. You can use ammo to protect your family and food for survival. Gold is way down on the list of necessities when tough times come. Keep a well stocked larder of food that has long good by dates and rotate it through use. A case of good booze on hand is never a bad idea too.


39 posted on 11/25/2009 9:18:01 PM PST by RicocheT
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To: Travis McGee

PS: If I were an aspiring novelist, I’d be working on a “GOLD” crime/politics novel, because everyone is going to be talking about gold in about a year. It should be informative about every historic and technical aspect. The “Unintended Consequences” of gold.

I loved the notion of Clintonian billion dollar Tungsten fraud!

Seriously.

They’ll come back later to read your “early work.”


40 posted on 11/25/2009 9:18:04 PM PST by Atlas Sneezed ("Personal freedom begins when you tell Old Mrs. Grundy to go to Hell." -Lazarus Long)
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