U.s. Mint Halts Gold Coin Production

Discussion in 'Economics' started by wilburbear, Sep 27, 2008.

  1. It was money way back then. $20 gold pieces were what you had in your pocket and in your safety deposit box.

    Its not very useful now except as a collectors item because you can't just spend it.

    My guess is they stopped selling them because they are going to raise the prices again, thats all.
     
  2. Blank silver and gold coins would be better. And likely, much cheaper.
     
  3. Nothing prohibits the U.S. from outlawing gold again. If the equity market doesn't turn wildly bullish after the bailout, someone in D.C. will consider it.
     
  4. "U.s. Mint Halts Gold Coin Production"

    You may want to check your title, because they halted SALES, not production. Pretty big difference.
     
  5. The top in gold is in.
     
  6. Surreal. Canada didn't halt sales.
     
  7. Whats sad is that Canada felt the need to say they weren't halting sales of theirs. The confidence problem is in the US, not Canada.