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To: djf
Interesting you should bring that up, I've been remembering something one of my old geology or metallurgy profs told me a couple of lifetimes ago:

"If you put the entire earth into a crusher, ran it through a mill and a smelter, you would end up with more gold than silver."

Meaning, of course, that gold is more ubiquitous than silver... it is just that silver tends to be more highly concentrated when you do find it, therefore more economically feasible to recover.

AS to gold and silver, I have a bit more than my fair share, despite yesterday's intended gold buy not happening despite best efforts.

But I did learn something worth relaying when I was paying for yesterday morning's silver order: As I was getting a cashiers check to send to APMEX, I was informed that name , address, telephone number, driver's license and social security numbers are now required to be reported to the government on any cash transaction of $3,000 or more.... It used to be $10,000, but I guess they lowered it sometime recently.

That bothers me just a bit.

5 posted on 11/29/2008 2:12:57 AM PST by LegendHasIt (Freepmail me if you want to join the Precious Metals ping list.)
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To: LegendHasIt

They lowered it after 9/11/01.


6 posted on 11/29/2008 2:50:42 AM PST by BullDog108 (A Smith & Wesson beats four aces)
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To: LegendHasIt

And if they come around, asking about those big transactions to mints and bullion dealers, you can always say you sold it for dollars and paid off debt.


8 posted on 11/29/2008 3:57:52 AM PST by ovrtaxt (It is better for civilization to be going down the drain than to be coming up it. ~Henry Allen)
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