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The U.S. Mint Halts American Gold Eagle Sales
WallStCheatSheat ^
| 24 APR 2013
| Eric McWhinnie
Posted on 04/24/2013 1:11:26 PM PDT by shove_it
click here to read article
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1
posted on
04/24/2013 1:11:26 PM PDT
by
shove_it
To: shove_it
2
posted on
04/24/2013 1:13:03 PM PDT
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both)
To: shove_it
The U.S. Government has a commitment to give foreign countries their vaulted gold back; One 1/10th oz. coin at a time. LOL
To: BenLurkin
It would be nice to know why. A they out of raw material? All I know is I’m not clicking through to some unknown blog to find out.
4
posted on
04/24/2013 1:14:37 PM PDT
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: BenLurkin
That was my first thought too...
5
posted on
04/24/2013 1:14:44 PM PDT
by
shove_it
(long ago Orwell, Huxley and Rand warned us about 0bama's USA)
To: Lurker
A they out of raw material? This would not surprise me at all.
6
posted on
04/24/2013 1:15:24 PM PDT
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: Lurker
FTA ...
“Since the dip in the price of gold we have seen increased demand for our gold bullion coins from the major coin markets, and this presently shows no sign of abating,” explains Shane Bissett, director of bullion and commemorative coin at the Royal Mint, to Bloomberg. “The Royal Mint continues to supply to its customers and is increasing production to accommodate the higher demand.”
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Apparently the Brits are not challenged by increased demand.
7
posted on
04/24/2013 1:21:57 PM PDT
by
shove_it
(long ago Orwell, Huxley and Rand warned us about 0bama's USA)
To: OneWingedShark
When the US government is no longer willing to exchange gold for dollars, um... shouldn’t we be worried?
8
posted on
04/24/2013 1:23:32 PM PDT
by
Oberon
(Big Brutha Be Watchin'.)
To: Lurker
9
posted on
04/24/2013 1:23:38 PM PDT
by
Rio
(Tempis Fugit.)
To: shove_it; All
Looking at the details, it is only the one-tenth ounce version that is currently being halted.
10
posted on
04/24/2013 1:25:43 PM PDT
by
Rio
(Tempis Fugit.)
To: Lurker
Yes. They are out of the small, 1/10th round blanks. They only make 355k of them a year. They sold out and need to get more. It is simply more efficient to make the larger coins.
This is “news.” But it’s not really “NEWS!!!”.
11
posted on
04/24/2013 1:28:33 PM PDT
by
Vermont Lt
(Does anybody really know what time it is? Does anybody really care?)
To: shove_it
I like Krugerrands.
12
posted on
04/24/2013 1:29:05 PM PDT
by
Daffynition
(Stand Your Ground)
To: shove_it
The U.S. Mint Halts American Gold Eagle SalesLemme guess.....a Sea Gull got offended, right?
13
posted on
04/24/2013 1:33:29 PM PDT
by
Puppage
(You may disagree with what I have to say, but I shall defend to your death my right to say it)
To: Puppage
whats this guy talking about
you can go to their site and order Proof coins right now
To: Oberon
When the US government is no longer willing to exchange gold for dollars, um... shouldn’t we be worried? Yep -- They might be on the verge of exchanging lead for silver & gold (i.e. wealth confiscation).
15
posted on
04/24/2013 1:48:14 PM PDT
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: Oberon
If gold coins are accepted again as standard currency, how will they force people to accept paper dollars?
If they cannot force paper dollars, how can they inflate the money supply?
Catch 22
To: shove_it
Not sure if they ran out of 1/10th oz blanks, but this sounds like they are maximizing production to help meet the massive demand. You can pump out more ounces from a limited number of presses when they’re making 1 oz coins instead of 10th ounce coins.
17
posted on
04/24/2013 3:57:34 PM PDT
by
Atlas Sneezed
(Universal Background Check -> Registration -> Confiscation -> Oppression -> Extermination)
To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...
To: RummyChick
Those are the collector coins. The article is about bullion sales.
19
posted on
04/24/2013 5:39:35 PM PDT
by
Kirkwood
(Zombie Hunter)
To: Jet Jaguar
20
posted on
04/24/2013 6:21:13 PM PDT
by
blam
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