Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: bearcub who wrote (37327)	7/19/1999 2:41:00 AM
From: Robert J Mullenbach	Read Replies (1) \| Respond to of 116764

Bearcub, Where is the missing 10 dollars.? Currently the coins fall under the "United States Bullion coin." they are traded for bullion content. One could use the the silver dollars, just like the Morgan and peace. They have 1 dollar stamped on it. One could use a twenty dollars gold Double Eagle,or one could use the 25 dollar 1/2 oz one now. But all they have to give you is 20, or 25 bucks. I sure will. no problem. I averaged down this weekend, and to my horror, I added up the 1/4 oz gold coins, and guess what.??? they only have 10 dollars on them the 1/10 have 5 bucks stamped on them 1/4 have 10 bucks 1/2 have 25 bucks. well you know the rest, if you add up 4 , 1/4 oz coins at 10 bucks , thats only 40 bucks for one oz. where is the other 10 bucks ?? the 1 oz has 50 bucks, 1 oz is 1 oz in my book. !!! every 1/10 should be 5 bucks. I say , the 1/4 should read 12 1/2 bucks. The bank that my Sister runs, sell bullion coins, and there would be no problem selling your bullion coins for face, if no one else would give a bullion premium. maybe unless a run on bank.

To: bearcub who wrote (37327)	7/19/1999 2:42:00 AM
From: Zardoz	Read Replies (2) \| Respond to of 116764

worldtradepress.com Gold Gold may be freely bought, held, or sold in any form, domestically or abroad, with the exception of certain sanctioned countries. Commercial banks may deal in gold bullion and gold coins. A license is not required by importers, exporters, refiners, or processors of gold. US gold coins are legal tender at face value. Commercial imports of gold jewelry are free of quantitative restrictions, but are subject to an import duty. There is no duty on gold ore, bullion, or coins, although all forms must be declared to customs. Not the definitive source, but I'll accept it. Hutch... ark-of-salvation.org Try this one DoubleD. The United States Constitution demands (to this day) that the only "legal tender" in this country be gold and silver coin (look up: Article I, Section 10, Clause 1). "Legal tender" means the form of money which you are entitled to demand, under the law, as payment of debts. Thus, gold coins are legal tender--if you can find any! But things like television sets, automobile tires and chickens, are not. If someone wants to pay you in chickens, and you agree, then all's well. But you can't be forced to accept chickens as payment of a debt. You can be forced to accept gold coins. If you can find any!