There are checks and balances and audits and what not since they are traded on various financial exchanges. I wouldn't be too concerned about a...
I wouldn't go so far as to say it isn't possible with paper pm. It's just different:...
Perhaps we could say copper is the poor man's bullion. ;)
That's quite a post NorthKorea. One thing that could throw your numbers off by quite a bit would be automation. It is possible to automate the...
I'm not a dealer, but I have a close friend who is one. People do occasionally bring him rolls of pre-1982 pennies and wheat pennies, hoping to...
Actually, you're paying the fees whether you like it or not, because (in most circumstances) the fees are on the merchant end and passed on to the...
Indeed. Much like gasoline is priced to the tenth of a cent, but I don't see too many people losing sleep over the rounding up to the nearest...
Did you buy it in 1974? If you bought it today for $5.50, we want to know how we can do the same. :D
At $11-12 each, that would be $3,421-3,732/oz. $3700 is close enough. ;) Not a good way to stack gold, but I suppose $11-12 isn't too bad as a...
Any time I can find genuine Morgans/Peace dollars for less than spot plus 10%, I jump on them. It happens every now and then, but not too often,...
Wouldn't the opposite be true? If silver dropped under $1/oz, the numismatic value of Morgans and Peace dollars would far exceed their silver...
The value is not "in the object", but rather it is a valuation of the components of said object. There is nothing in the definition that says...
I think you're placing too many artificial constraints upon the definition of intrinsic: Human thoughts and values DO matter, and intrinsic...
I'm trying to understand your argument. Are you saying that intrinsic value does not exist because it is not permanent? That there could come a...
Much the same thing could be said for virtually all things that have value, especially money. That their value only exists in the minds of...
Yes, indeed. And since I am a human and I interact with other humans, then their value to humans is really all that matters to me.
I think what's going on is that you are assuming the intrinsic value of an item, or in the material within an item, applies equally to everyone...
This definition is more applicable to bullion. Thanks for posting it.
Oh, but it is. It's bullion with character.
Regardless of whether or not you accept that it exists, it does. Notice the key word in this definition from Investopedia: The definition above...
Separate names with a comma.
