To: One_Upmanship
Interestingly, it sold for a minimal premium over spot price.
5 posted on
06/26/2010 6:13:00 AM PDT by
Atlas Sneezed
(Anything worth doing, is worth doing badly at first.)
To: Beelzebubba
To: Beelzebubba
Why would there be any premium? In the real world that means nothing.
With coins, there’s a premium for various reasons like a lot of buyers think, if the shtf, people will recognize the quality of that over a random lump of gold.
It doesn’t apply to something like that. It’s just gold. No collectors dumb enough to pay a premium.
9 posted on
06/26/2010 6:18:18 AM PDT by
chuck_the_tv_out
( <<< click my name: now featuring Freeper classifieds)
To: Beelzebubba
Interestingly, it sold for a minimal premium over spot price. How long until it is melted down?
10 posted on
06/26/2010 6:20:33 AM PDT by
killjoy
(Life sucks, wear a helmet.)
To: Beelzebubba
Using the numbers from the article, it looks to me like they actually got a heck of a discount from spot. $4,020,000 / (220.5 x 16) = $1140 per ounce vs let’s say $1250.
30 posted on
06/27/2010 6:59:55 AM PDT by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
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