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<p>[QUOTE="Vess1, post: 444008, member: 13650"]Hate to say it but I'll defend the mint on this one. The metals markets are so volatile lately that you don't know what it's going to be a week from now. Much less in a month. You don't know when they purchased their raw stock. </p><p><br /></p><p> Who has more risk of losing the most? The consumer buying one or two gold coins for a little over spot or the mint selling thousands of them for less than they purchased their inventory at? I'm sure they are trying to stay comfortably in the black out of necessity.</p><p><br /></p><p> If somebody feels the prices are too high, than just wait. The stuff will be out on ebay, slabbed, within a year and then you can probably buy it at less than issue price, if gold maintains or goes down. If it goes up, than their prices aren't too high right now.</p><p><br /></p><p> I agree, it would be great if their prices were electronically linked and adjusted by spot price daily, but apparently, that is not possible. You aren't buying raw, unrefined, bullion. In a year or two, we may realize we should have been thankful for these prices. Who knows.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 444008, member: 13650"]Hate to say it but I'll defend the mint on this one. The metals markets are so volatile lately that you don't know what it's going to be a week from now. Much less in a month. You don't know when they purchased their raw stock. Who has more risk of losing the most? The consumer buying one or two gold coins for a little over spot or the mint selling thousands of them for less than they purchased their inventory at? I'm sure they are trying to stay comfortably in the black out of necessity. If somebody feels the prices are too high, than just wait. The stuff will be out on ebay, slabbed, within a year and then you can probably buy it at less than issue price, if gold maintains or goes down. If it goes up, than their prices aren't too high right now. I agree, it would be great if their prices were electronically linked and adjusted by spot price daily, but apparently, that is not possible. You aren't buying raw, unrefined, bullion. In a year or two, we may realize we should have been thankful for these prices. Who knows.[/QUOTE]
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