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<p>[QUOTE="ToughCOINS, post: 2852341, member: 20480"]Providing gold to the US Mint is essentially an unregulated free-for-all, unlike conflict minerals rules. The US Mint contracts for the provision of raw gold and blanks under NAICS 331491, which permits gold and gold alloy bar, sheet, strip, foil and tubing made from purchased metals or scrap (neither of which are source-controlled).</p><p><br /></p><p> </p><p><br /></p><p>I don't doubt that, but it's water under the bridge. We should focus on what can be done going forward.</p><p><br /></p><p><br /></p><p><br /></p><p>Sorry, but in my pressured frustration with the modern day rat race, I often find myself longing for simpler times, and wondering if "progress really is . . ."</p><p><br /></p><p>To thrust more modern ways upon others may make you feel morally superior, but you might be completely wrong, and not even realize it. Getting way out there for a moment, imagine some alien race forcing change upon reluctant Earthlings because they think it is better for us. The stress of compliance alone might rob us of any net gain the aliens intended to deliver . . . thus a net loss results.</p><p><br /></p><p><br /></p><p><br /></p><p>I think your points are more valid, but still not enough so. </p><p><br /></p><p>The intent of the Funai officials is to protect the region of concern, and with that comes the prevention of mining. If that gold is off limits, then faced with the same demand, the lack of supply drives the price higher. If that gold is mined, and proportionally distributed to holders of the metal from all other sources, the increase in supply drives the price marginally lower, theoretically leaving the holders of gold in the same net gold value position.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Again, buying classic gold coinage supports buying gold already extracted from concentrated deposits in the ground, versus tearing up vast tracts of land well into the future in search of mere grams per ton.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 2852341, member: 20480"]Providing gold to the US Mint is essentially an unregulated free-for-all, unlike conflict minerals rules. The US Mint contracts for the provision of raw gold and blanks under NAICS 331491, which permits gold and gold alloy bar, sheet, strip, foil and tubing made from purchased metals or scrap (neither of which are source-controlled). I don't doubt that, but it's water under the bridge. We should focus on what can be done going forward. Sorry, but in my pressured frustration with the modern day rat race, I often find myself longing for simpler times, and wondering if "progress really is . . ." To thrust more modern ways upon others may make you feel morally superior, but you might be completely wrong, and not even realize it. Getting way out there for a moment, imagine some alien race forcing change upon reluctant Earthlings because they think it is better for us. The stress of compliance alone might rob us of any net gain the aliens intended to deliver . . . thus a net loss results. I think your points are more valid, but still not enough so. The intent of the Funai officials is to protect the region of concern, and with that comes the prevention of mining. If that gold is off limits, then faced with the same demand, the lack of supply drives the price higher. If that gold is mined, and proportionally distributed to holders of the metal from all other sources, the increase in supply drives the price marginally lower, theoretically leaving the holders of gold in the same net gold value position. Again, buying classic gold coinage supports buying gold already extracted from concentrated deposits in the ground, versus tearing up vast tracts of land well into the future in search of mere grams per ton.[/QUOTE]
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