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<p>[QUOTE="NorthKorea, post: 2014945, member: 29643"]No, it's really not. Simply because you <b>choose</b> to not collect other forms of bullion does not mean other forms are unavailable. A monopoly exists when an organization or individual controls the market for a specific good. Again, this is by broad definition. Although Apple prevents non-Apple products from using Facetime, that doesn't mean Apple holds a monopoly over Facetime. They do have a competitive advantage stemming from the software, but Skype/Line/Viber are alternative products that consumers could use.</p><p><br /></p><p>Similarly, the US Mint doesn't have a monopoly on bullion products. Yes, it's legally the only agency that can produce coinage backed by the US Government, but that doesn't mean it has a monopoly over coins or bullion. Again, you choose to collect US coins. US Title 15, Ch 1 would not apply for at least two reasons:</p><p><br /></p><p>1) The US government would not consider itself a person for the purposes under the Title.</p><p><br /></p><p>2) There are accepted alternative products available for purchase, even if you opt to not purchase them.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2014945, member: 29643"]No, it's really not. Simply because you [B]choose[/B] to not collect other forms of bullion does not mean other forms are unavailable. A monopoly exists when an organization or individual controls the market for a specific good. Again, this is by broad definition. Although Apple prevents non-Apple products from using Facetime, that doesn't mean Apple holds a monopoly over Facetime. They do have a competitive advantage stemming from the software, but Skype/Line/Viber are alternative products that consumers could use. Similarly, the US Mint doesn't have a monopoly on bullion products. Yes, it's legally the only agency that can produce coinage backed by the US Government, but that doesn't mean it has a monopoly over coins or bullion. Again, you choose to collect US coins. US Title 15, Ch 1 would not apply for at least two reasons: 1) The US government would not consider itself a person for the purposes under the Title. 2) There are accepted alternative products available for purchase, even if you opt to not purchase them.[/QUOTE]
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Anyone think it’s time for the mint to lower prices?
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