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Oct 24 12:35 pm
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All Comments by Mark McHugh »The Favorable Outlook for Gold [View article]
Are you really that stupid? Jewelery? You know it's 24k becase the little sticker says so, right? Ask some people who graduated in 1980 and tried to pawn their rings if they got what they paid for.
Shortly after the invention of the wheel, human beings figured out how the "coining" process. A recipe that's survived until Paulson stepped in. Go look at the US Mints production when coins were 90% silver. This is not unprecedented demand (not even 10-year high). If we can't make little metal discs in a timely manner, we are truly freakin' doomed.
Want to shut the gold bugs up? Let me buy gold and silver directly from the mint at market price. That's all. Oh, it also the law.
Just remember, failure to enforce law is what lead to this mess in the first placing. I just fail to see how handing a blank check to a crook who can't even follow his job description is going to help.
Sheesh! to you dude.