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	<title>
	Comments on: Gold Logs 5-Week Low; Silver Marks Lowest Price Since Nov. 2020	</title>
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	<link>https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/</link>
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		<title>
		By: Larry T		</title>
		<link>https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498341</link>

		<dc:creator><![CDATA[Larry T]]></dc:creator>
		<pubDate>Fri, 17 Sep 2021 20:13:49 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=81675#comment-498341</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498312&quot;&gt;Larry T&lt;/a&gt;.

Kaiser,

You are probably right about the Mints pricing. I think you&#039;ve stated before &#039;throw out a number and see if we&#039;ll pay it, then throw out a bigger number and see if we&#039;ll pay it&#039;...over and over. 

I was wondering if you&#039;ve had any movement in your order for the Reverse Proof Designer Set? Mine is still stuck in &#039;processing.&#039; I&#039;m hoping I can have it delivered by next week or at least before Mike &#039;The Coin God&#039; Mezack has it to hawk on HSN!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498312">Larry T</a>.</p>
<p>Kaiser,</p>
<p>You are probably right about the Mints pricing. I think you&#8217;ve stated before &#8216;throw out a number and see if we&#8217;ll pay it, then throw out a bigger number and see if we&#8217;ll pay it&#8217;&#8230;over and over. </p>
<p>I was wondering if you&#8217;ve had any movement in your order for the Reverse Proof Designer Set? Mine is still stuck in &#8216;processing.&#8217; I&#8217;m hoping I can have it delivered by next week or at least before Mike &#8216;The Coin God&#8217; Mezack has it to hawk on HSN!</p>
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			</item>
		<item>
		<title>
		By: Larry T		</title>
		<link>https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498312</link>

		<dc:creator><![CDATA[Larry T]]></dc:creator>
		<pubDate>Fri, 17 Sep 2021 14:36:21 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=81675#comment-498312</guid>

					<description><![CDATA[Kaiser,

I too love silver, but my first love if gold! Both these precious metals look amazing as coins, but the gold ones..well they&#039;re just off the chart! As to silvers daily price, I don&#039;t get an acid reflux episode if it moves up or down by a fews pennies (sorry, I meant to say cents!) What I don&#039;t fathom is the premium we are now forced to pay every time we want to add a bit of this precious metal to our stores. Since it was just a couple years ago that one would pay $3.99 over spot for bullion silver coins, my thinking is it&#039;s related to Covid-19 (thank you CCP!) and it&#039;s constraint on the mining for the element. Oh, let&#039;s not forget about the &#039;greenies&#039; and Biden that want all mining here shut down. The premium we pay over spot, currently around $10 is the figure I&#039;m looking at and I&#039;m hoping it doesn&#039;t become the norm! You know how quickly we consumers get accustomed to a new pricing regiment. 

With regard to the Mints pricing, I think they just want our money. Did you buy the 2006 W ASE coin from the mint? If you did, you paid $19.95 per coin for them. In 15 years they now cost $67, a difference of $47. That&#039;s a 235% increase in the cost of this particular coin! I believe silver was selling in the $11 to $12 range in 2006, so add $11 to the $19.95. Is the additional $37 per coin  absorbed in labor and manufacturing costs? Or maybe the devaluing of the dollar as our national debt morphs to close to $30 Trillion? It&#039;s certainly not pegged to the annual increase of inflation. If this trend continues, at this pace, we&#039;ll be paying $158 a coin in 2036. Assuming.of course, we&#039;re still alive!]]></description>
			<content:encoded><![CDATA[<p>Kaiser,</p>
<p>I too love silver, but my first love if gold! Both these precious metals look amazing as coins, but the gold ones..well they&#8217;re just off the chart! As to silvers daily price, I don&#8217;t get an acid reflux episode if it moves up or down by a fews pennies (sorry, I meant to say cents!) What I don&#8217;t fathom is the premium we are now forced to pay every time we want to add a bit of this precious metal to our stores. Since it was just a couple years ago that one would pay $3.99 over spot for bullion silver coins, my thinking is it&#8217;s related to Covid-19 (thank you CCP!) and it&#8217;s constraint on the mining for the element. Oh, let&#8217;s not forget about the &#8216;greenies&#8217; and Biden that want all mining here shut down. The premium we pay over spot, currently around $10 is the figure I&#8217;m looking at and I&#8217;m hoping it doesn&#8217;t become the norm! You know how quickly we consumers get accustomed to a new pricing regiment. </p>
<p>With regard to the Mints pricing, I think they just want our money. Did you buy the 2006 W ASE coin from the mint? If you did, you paid $19.95 per coin for them. In 15 years they now cost $67, a difference of $47. That&#8217;s a 235% increase in the cost of this particular coin! I believe silver was selling in the $11 to $12 range in 2006, so add $11 to the $19.95. Is the additional $37 per coin  absorbed in labor and manufacturing costs? Or maybe the devaluing of the dollar as our national debt morphs to close to $30 Trillion? It&#8217;s certainly not pegged to the annual increase of inflation. If this trend continues, at this pace, we&#8217;ll be paying $158 a coin in 2036. Assuming.of course, we&#8217;re still alive!</p>
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		<title>
		By: Mammoth		</title>
		<link>https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498307</link>

		<dc:creator><![CDATA[Mammoth]]></dc:creator>
		<pubDate>Fri, 17 Sep 2021 14:13:09 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=81675#comment-498307</guid>

					<description><![CDATA[Translation:
&#039;&lt;em&gt;Gagarin - First Person in Space&lt;/em&gt;&#039;

Rest in Peace, Yuri]]></description>
			<content:encoded><![CDATA[<p>Translation:<br />
&#8216;<em>Gagarin &#8211; First Person in Space</em>&#8216;</p>
<p>Rest in Peace, Yuri</p>
]]></content:encoded>
		
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		<title>
		By: Mammoth		</title>
		<link>https://www.coinnews.net/2021/09/16/gold-logs-5-week-low-silver-marks-lowest-price-since-nov-2020/#comment-498274</link>

		<dc:creator><![CDATA[Mammoth]]></dc:creator>
		<pubDate>Thu, 16 Sep 2021 21:23:41 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=81675#comment-498274</guid>

					<description><![CDATA[&lt;span&gt;&#039;&lt;/span&gt;&lt;em&gt;Retail sales rose 0.7% in August, the U.S.&#160;Commerce Department reported&lt;/em&gt;&lt;span&gt;&#039;&lt;/span&gt;
&lt;span&gt;Did the quantity of sales actually increase, or is this just a reflection of inflation?&lt;/span&gt;]]></description>
			<content:encoded><![CDATA[<p><span>&#8216;</span><em>Retail sales rose 0.7% in August, the U.S.&nbsp;Commerce Department reported</em><span>&#8216;</span><br />
<span>Did the quantity of sales actually increase, or is this just a reflection of inflation?</span></p>
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