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Monarch PMs selling Au pcs that melt at $13.40!

VanHalenVanHalen Posts: 4,104 ✭✭✭✭✭
in Precious Metals

Yeah they're $26 and 1/200 oz. Smallest commercially available pieces I've seen. :)
monarchpreciousmetals.com 1/200-oz-9999-fine-gold-round

Comments

  • derrybderryb Posts: 37,113 ✭✭✭✭✭

    ""gold dust"

    Repetition of ignorance is ignorance raised to the power two.

  • jmski52jmski52 Posts: 22,975 ✭✭✭✭✭

    Can you imagine taking them to a dealer to sell? I think that's why they invented silver coins.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 37,113 ✭✭✭✭✭

    CME launched 1 oz gold contract

    Impact on COMEX price fixing?

    Repetition of ignorance is ignorance raised to the power two.

  • jmski52jmski52 Posts: 22,975 ✭✭✭✭✭

    Who buys a 1 oz. gold contract? It doesn't seem to be much of a vehicle unless gold makes it to $10,000/oz.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 37,113 ✭✭✭✭✭

    @jmski52 said:
    Who buys a 1 oz. gold contract? It doesn't seem to be much of a vehicle unless gold makes it to $10,000/oz.

    it's now within blitz's price range

    Repetition of ignorance is ignorance raised to the power two.

  • VanHalenVanHalen Posts: 4,104 ✭✭✭✭✭

    @jmski52 said:
    Who buys a 1 oz. gold contract? It doesn't seem to be much of a vehicle unless gold makes it to $10,000/oz.

    Amazing to think 20 years ago that was a $500 contract.

    Oh for those days of those $500 Double Eagles! :)

  • dcarrdcarr Posts: 8,631 ✭✭✭✭✭

    @VanHalen said:

    @jmski52 said:
    Who buys a 1 oz. gold contract? It doesn't seem to be much of a vehicle unless gold makes it to $10,000/oz.

    Amazing to think 20 years ago that was a $500 contract.

    Oh for those days of those $500 Double Eagles! :)

    .

    I'm just old enough to remember when they were $75.

    .

    Moonlight Mint
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