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Monarch PMs selling Au pcs that melt at $13.40!

VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
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

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    derrybderryb Posts: 38,621 ✭✭✭✭✭

    ""gold dust"

    "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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    jmski52jmski52 Posts: 24,016 ✭✭✭✭✭

    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.
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    derrybderryb Posts: 38,621 ✭✭✭✭✭

    CME launched 1 oz gold contract

    Impact on COMEX price fixing?

    "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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    jmski52jmski52 Posts: 24,016 ✭✭✭✭✭

    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.
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    derrybderryb Posts: 38,621 ✭✭✭✭✭

    @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

    "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭

    @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! :)

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    dcarrdcarr Posts: 10,279 ✭✭✭✭✭

    @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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