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<p>[QUOTE=&quot;mystery45, post: 747134, member: 19591&quot;]It is but it isn&#039;t.&nbsp; It still answers to the federal reserve which answers to congress.&nbsp; not going there very complicated mess.</p><p>&nbsp;</p><p>anyway.&nbsp; the reason is this as they mint a coin they have to pay the spot price.&nbsp; so as it goes up it continues to get more expensive to mint coins.&nbsp; that also means the selling price continues to go up as well.</p><p>&nbsp;</p><p>the higher the price goes up the less people buy, However that doesn&#039;t mean the mint stops minting coins.&nbsp; So if they get a back log of inventory and can&#039;t move them then there is no reason to mint anymore till those sell.</p><p>&nbsp;</p><p>what is worse for the mint is if the price crashes after they have minted these coins.&nbsp; The risk on the mint is way to high now.&nbsp; so they are closing their bets on it.</p><p>&nbsp;</p><p>it is perfectly logical to do so.[/QUOTE]</p><p><br /></p>

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