Comments on: Gold Falls; Silver Marks 2019 Low https://www.coinnews.net/2019/05/28/gold-falls-silver-marks-2019-low/ CoinNews delivers the latest World and US coin news Thu, 30 May 2019 19:21:39 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Seth Riesling https://www.coinnews.net/2019/05/28/gold-falls-silver-marks-2019-low/#comment-451489 Wed, 29 May 2019 17:02:45 +0000 http://www.coinnews.net/?p=71593#comment-451489 Millhouse –

Well said & so true! A sad situation for sure.

NumisdudeTX

]]> By: Millhouse https://www.coinnews.net/2019/05/28/gold-falls-silver-marks-2019-low/#comment-451484 Wed, 29 May 2019 15:33:56 +0000 http://www.coinnews.net/?p=71593#comment-451484 In reply to Seth Riesling.

The simple reason is because they don’t have to. Collectors are still buying them at their hugely inflated premiums so why would they lower the price? The only reason they raise and lower prices with gold and platinum collectables is because they want to make more $$ when the spot price increases. When gold/platinum spot decreases, they are already making a $300+ premium per coin, so it doesn’t really matter anyway. American greed at its best!

]]> By: Seth Riesling https://www.coinnews.net/2019/05/28/gold-falls-silver-marks-2019-low/#comment-451401 Wed, 29 May 2019 01:28:13 +0000 http://www.coinnews.net/?p=71593#comment-451401 Silver is at a 6-month low today & just 19-cents from going under $14 per ounce! When will the U.S. Mint finally lower its silver coins, silver medals & silver coin sets prices??!! They haven’t been lowered in many moons!

NumisdudeTX

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