[Freedom4US]

Right, they are 90% “coin melt” bars. Stupid article, really.

[Jamestown1630]

Consider the source.

[enumerated]

If they want to get rid of that worthless 90% gold, I’ll take it.

[xp38]

A little refining and they’ll be pure as needed.

[Zathras]

Agreed.
A stupid article from a website no one has ever heard of.

[larrytown]

Right, they are 90% “coin melt” bars. Stupid article, really.

Seriously - sounds more like some govt functionaries justifying unnecessary actions, or covering other more impelling, if indiscreet, reasons.

[Eli Kopter]

Where the hell did he get his information? MORE BS from the Media. GFO.

[whitney69]

“Stupid article, really.”

You are so right. The purity of the product will dictate the cost. Does it make any difference whether they are paid off in 50’s or 500 dollar bills.

wy69

[atomic_dog]

Very much FUD in that article, which appears to have been written to show the US Government and the US Treasury in the worst possible light. What they don't say is "deliverable" is not an international standard. It is a COMEX (Commodities Exchange) or LME (London Metals Exchange). Here's more of what they don't tell you. Only certain bars from certain smelters are considered "deliverable" and once the bar(s) have are no longer in the possession of the exchange (as if a buyer takes physical delivery) it is no longer deliverable and has to be smelted by a "member of the club" to be deliverable again.

I also note that every once in a while a "coin bar" with US Mint markings shows up at auction and they sell for a considerable premium over the bullion value.

[CPT Clay]

Bingo, melt of 90% that us coins were made of.
We need to go back