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<p>[QUOTE="krispy, post: 710419, member: 19065"]There's definitely a danger in the power of credit cards and that ability to buy PMs for a lot of folks using cc's. For those tempted or with weak credit it might deter some financial blunders for that segment of buyers out there. However, this proposal sounds like a insanely complex issue to implement and police. Banks may become the place to buy bullion and even US Mint issued collectibles made from PMs, where you can get them in person and without shipping. The infrastructure is there, at least in bigger branches, with vaults and security on premises as well as being serviced by armored car. The US Mint could set up sales kiosks within banks or even Mint operated retail outlets at shopping centers (provided security issues were figured out of course). I assume jewelers and coin dealers would also be sought more often for bullion. That or the Mint's dealer network that Doug mentioned being expanded for retail customers seeking bullion. Very interesting article. Thanks for pointing it out and the insights.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 710419, member: 19065"]There's definitely a danger in the power of credit cards and that ability to buy PMs for a lot of folks using cc's. For those tempted or with weak credit it might deter some financial blunders for that segment of buyers out there. However, this proposal sounds like a insanely complex issue to implement and police. Banks may become the place to buy bullion and even US Mint issued collectibles made from PMs, where you can get them in person and without shipping. The infrastructure is there, at least in bigger branches, with vaults and security on premises as well as being serviced by armored car. The US Mint could set up sales kiosks within banks or even Mint operated retail outlets at shopping centers (provided security issues were figured out of course). I assume jewelers and coin dealers would also be sought more often for bullion. That or the Mint's dealer network that Doug mentioned being expanded for retail customers seeking bullion. Very interesting article. Thanks for pointing it out and the insights.[/QUOTE]
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