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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (28690)	4/27/2005 4:27:54 PM
From: TH	Read Replies (2) \| Respond to of 116555

patron, I agree of course. I was commenting on the nonsense in the article he posted. It seems to me that such statements, when you are only selling 220 million worth of gold coin to begin with, as just more government bs. I can't see how they get the 5 billion in savings, unless they are getting the gold for free (from you and me perhaps <ng>). Of course they are not getting my gold, as I'm heading to KT's house because he has guns. I hope they are big guns <g>. "Officials at the Mint say the coin could be a financial boon, in part by winning a larger share of the world market. They estimate that the potential global market for 24-karat gold coins is about $2.4 billion annually." "Castle said the government also would save as much as $5 billion over a decade — money that it would otherwise borrow by issuing Treasury bonds. The coin would be sold far above face value, keyed to the world price of gold." GT TH