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samking73
Member since February 2013
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has posted a comment on the article :

Chill out dudes

- Bron Suchecki - Perth Mint

Like I said, Im not an expert. That means you may be completely right on the first part (or I'm completely wrong). It sounds like we're in agreement on at least the last half of your reply. Gold IS money.
I loved it when Ron Paul asked Bernanke if gold was money. Bernanke's look was priceless......or clueless.

Commented 4215 days ago

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Beginning of the headline :OK, it is all getting a bit silly out there on the gold interwebs, particularly in respect of the supposed physical-paper price disconnect. I have been trying to kill this meme ever since it first appeared in 2008 but it seems the idea of production capacity shortages seems too difficult for many to get. The "real" price of gold isn't what you pay for a 1oz coin on eBay. As Mish says "Premiums on small denomination coins is not the same a general premium on physical gold itself." But don't ta... Read More

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