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<p>[QUOTE="GoldFinger1969, post: 7565369, member: 73489"]Hey Guys, thanks for chipping in.....but I'm not talking about a coin fund with NUMISMATIC coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><b><u>I'm talking about using generic gold coins -- Liberty's and Saints -- as a substitute for GOLD BULLION. So figure MS63 and below.</u></b></p><p><br /></p><p>The reason was when looking at a supply/demand analysis for gold coins/double eagles, I saw that there was probably HUNDREDS of thousands of excess low-grade Double Eagles available.</p><p><br /></p><p><span style="color: #00b359"><b>So you are talking about $250,000,000 to maybe $2 billion in gold bullion via double eagle coins.</b> </span>Some mutual funds/ETFs say in their prospectus that they will not hold paper gold or stocks of gold mining companies, but the actual metal. I believe the Central Fund of Canada is one such fund/ETF.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 7565369, member: 73489"]Hey Guys, thanks for chipping in.....but I'm not talking about a coin fund with NUMISMATIC coins. :D [B][U]I'm talking about using generic gold coins -- Liberty's and Saints -- as a substitute for GOLD BULLION. So figure MS63 and below.[/U][/B] The reason was when looking at a supply/demand analysis for gold coins/double eagles, I saw that there was probably HUNDREDS of thousands of excess low-grade Double Eagles available. [COLOR=#00b359][B]So you are talking about $250,000,000 to maybe $2 billion in gold bullion via double eagle coins.[/B] [/COLOR]Some mutual funds/ETFs say in their prospectus that they will not hold paper gold or stocks of gold mining companies, but the actual metal. I believe the Central Fund of Canada is one such fund/ETF.[/QUOTE]
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