Comments on: Gold Sheds 2%; Silver Ends Near 11-Year Low

By: K ROB

K ROB — Wed, 18 Mar 2020 01:08:27 +0000

In reply to chuck. but the mint has a ratio of 36 to 1 on a proof gold eagle and it's silver counter part? makes one scratch one's head, doesn't it?

By: chuck

chuck — Tue, 17 Mar 2020 22:58:42 +0000

In reply to cagcrisp. Does this make anyone wonder if the US has any gold?! You can now buy about 121 ounces of the "poor man's gold" for 1 oz of the "rich man's" gold. Wonder how high this ratio will go? The mint must think much higher or will they just raise the silver price too even it sinks to $8 an oz. Time will tell.

By: K ROB

K ROB — Tue, 17 Mar 2020 20:08:01 +0000

In reply to cagcrisp. It is amazing to see just how detached from reality people at the mint really are,RIDICULOUS!

By: cagcrisp

cagcrisp — Tue, 17 Mar 2020 17:47:30 +0000

Here is MAJOR re-pricing of Gold and Palladium from the United States Mint for March 18th, 2020…

American Eagle Gold Proof 1oz. UP $297.50
American Eagle Gold Proof ½ oz. UP $150.00
American Eagle Gold Proof ¼ oz. UP $75.00
American Eagle Gold Proof 1/10 oz. UP $32.50
American Eagle Gold Proof 4 coin set UP $562.50
American Eagle Gold Uncirculated UP $300.00
American Buffalo 24K Gold Proof UP $305.00
American Eagle Palladium Reverse Proof UP $262.50
American Liberty 24K Gold 1oz. UP $300.00
American Liberty 24K Gold 1/10 oz. UP $35.00
Commemorative Gold Proof UP $115.50
Commemorative Gold Uncirculated UP $115.50

By: Seth Riesling

Seth Riesling — Tue, 17 Mar 2020 05:07:05 +0000

Now that silver has been dropping greatly for about 2 weeks to a near 11-year low, will U.S. Mint Director David J. Ryder lower the ridiculously overpriced U.S. Mint silver coins, silver medals & sets with silver coins prices to a more fair level??!! And, due to extreme volatility in silver prices, will he finally implement a pricing grid/matrix for its silver products like it has had for many years for its gold, platinum & palladium products??!!
Answer these important business questions for us loyal U.S. Mint customers (the few who are still left buying from you) Mr. David J. Ryder, U.S. Mint Director.

NumisdudeTX

By: K ROB

K ROB — Mon, 16 Mar 2020 22:12:09 +0000

It don’t matter how low silver drops, dealers will always raise raise their premiums.maybe not as bad as the U S MINT on an ounce of numismatic silver but still pretty high.