Suppose it was a buyer that actually wanted the physical 10,000 oz of gold and it doesn't matter to them if gold momentarily lost ~$50/oz. Then...
They do have to produce the shiny bars should the buyer choose to take delivery.
Suppose the Federal Reserve bought it? US Treasury Notes are considered assets in regards to backing the base money supply. Same for...
You miss the important element that Fractional Reserve Banking has an artificial limit placed on it by the Federal Reserve else it will lose...
Because if the world is using gold currency then the bonds have to be redeemable in gold when they are due. If government is spending willy...
There are ~165,000 tons of above ground gold. Your analysis is using faulty data. Gold denominated in federal reserve notes is meaningless...
I suspect that most individuals owning gold in China won't trust a bank enough to make such a deposit. However even this accommodation by the...
You hit the nail on the head and central banking systems can't exist without it.
That article is nonsense. There is absolutely no technical merit to it at all and the article completely ignores the fact the biggest holders of...
If the world moved back to a gold & silver standard, why would central banks exist?
I do think that gold prices are being held deliberately low. This is coming however a the cost of what seems to be great amounts of gold flowing...
The Euro was finished a long time ago. What remains is how long they can keep hiding it by creating debt that can never be paid back. In...
^Indeed. I still don't know what this topic is about because it hurts my eyes too much to read the OP's posts.
If you do a search, there are some clones of it that cost a lot less.
You just need a Fisch tool for the American Eagle. It's pretty simple to use and not that expensive.
I'm guessing some of the money goes to the school, hence higher costs.
So why was it that silver's price remained unchanged when QE1 was announced? Don't make the mistake of thinking that QE affects silver prices....
I suppose there are stupid people. However I would say the average person at a coin show knows better than to sell gold coins for junk prices....
There is no reason to sell coins to a scrap gold dealer which is probably why you don't see them at coin shows. Gold in the form of coinage is...
I don't understand why people ask to have this thread closed especially when the discussion is clearly about the pitfalls of buying and selling...
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