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Good read

ChewliesGumChewliesGum Posts: 72 ✭✭
in Precious Metals

I thought this was a pretty interesting write up about some of the troubles we are seeing in pm right now. It made some things clear for me at least.

https://www.numismaticnews.net/us-coins/u-s-mint-boxed-in-by-legislation

Comments

  • RonBRonB Posts: 636 ✭✭✭✭✭

    Very interesting read, thanks.

    Collector of Classic US Coins
  • tincuptincup Posts: 5,137 ✭✭✭✭✭

    Thanks for the article. Sure looks like the spot price (paper silver and gold) is certainly causing problems in the production of gold and silver bullion items, at least for the US Mint.

    ----- kj
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Interesting article.... and the mint seems hamstrung by regulations.... Typical of government bureaucracies. Cheers, RickO

  • HigashiyamaHigashiyama Posts: 2,192 ✭✭✭✭✭

    I suspect that the issue is more related to fabrication of planchets (ie, volumes required to meet demand) than a spot/physical disconnect.

    Higashiyama
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