I noticed something that may be having an effect we aren't thinking of. Every time I go to my local coin shop there are people that were never there before selling their gold jewlery. Now the coinshop is very low on coins. But the jewlery is still gold. So there is shortage of coins which explains the high premium people are asking for. But because of the high price a lot of gold is comming back into the system. I assume the coin shops sell it to a refiner that finds it way back to a mint somewhere to be turned back into coins or other jewlery.
way to defend the free
way to defend the free market in a market that isn't free.
4 or less entities hold 80% of the short positions on the COMEX. This market is ripe for manipulation and is being manipulated thoroughly.
You can't believe everything you read on Lew Rockwell's site as fact. There are some very strong opinions there and they are not always correct.
YOU tell me
GOLD doesn't mean squat to the Treasury or the FED...They don't use it & it is over, until DEBT comes back & when is that likely to happen ??weee
People selling gold not coins.
I noticed something that may be having an effect we aren't thinking of. Every time I go to my local coin shop there are people that were never there before selling their gold jewlery. Now the coinshop is very low on coins. But the jewlery is still gold. So there is shortage of coins which explains the high premium people are asking for. But because of the high price a lot of gold is comming back into the system. I assume the coin shops sell it to a refiner that finds it way back to a mint somewhere to be turned back into coins or other jewlery.
yah, well that guy
is blinder than a bat.