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<p>[QUOTE="jaceravone, post: 719521, member: 9474"]<b>Mint wont be happy if price of gold drops</b></p><p><br /></p><p>The mint is enjoying this recent increase in the price of gold. I am sure that their stock pile of gold that they bought at the lower prices is now paying huge dividends. With the mint projected to offer the new buffalo gold around or over $1300, what would happen if the price of gold drops suddenly and now the mint is forced to drop their price. If they used stockpiled gold that cost less, then no big deal, but what if they are forced to use gold purchased at the higher prices and then have to sell the coin for less? Probably won't happen.... but what if?[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 719521, member: 9474"][b]Mint wont be happy if price of gold drops[/b] The mint is enjoying this recent increase in the price of gold. I am sure that their stock pile of gold that they bought at the lower prices is now paying huge dividends. With the mint projected to offer the new buffalo gold around or over $1300, what would happen if the price of gold drops suddenly and now the mint is forced to drop their price. If they used stockpiled gold that cost less, then no big deal, but what if they are forced to use gold purchased at the higher prices and then have to sell the coin for less? Probably won't happen.... but what if?[/QUOTE]
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