$5 Gold American Eagle Coins, etc.

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

$5 Gold American Eagle Coins for $59.00 on the home shopping network.

-- Meg (meg@giglobal.com), August 25, 1999


Safeway Specials: canned spinach, succotash, lima beans, and tuna in spring water.

New at our local Safeway: Ball brand canning jars and more variety of canned fruits and vegetables.

-- Meg (meg@giglobal.com), August 25, 1999.

What use will gold coins be if gold is outlawed as in the time of the depression??

-- Boz (boz_inc@yahoo.com), August 25, 1999.

Gold took another big hit yesterday. Haven't looked to see what it is today. I bet some of the big time, long time holders of gold are holding on and praying or kicking themselves for not selling when it was high.....you win some and you lose some. I'm staying out of the gold market, too risky.

-- not a risk taker (notarisktaker@notarisktakerr.com), August 25, 1999.

Well, lesseee, now.

Gold was indeed outlawed way back when, but that was because our U.S. currency was BACKED BY GOLD. So, it sort of made sense to illegally and unconstitutionally confiscate the stuff via -- you guessed it! -- a Presidential Executive Order!!! The "good news" nowadays is that our currency is backed by NOTHING -- it is really and truly just PAPER!! So there would be no reason to confiscate "a bararic relic" like gold (in theory).

Price of gold goes up, price of gold goes down. Up, down. Then one day, surprise!, January 1, 2000 comes. Maybe those shopper special gold coins will come in handy.

-- King of Spain (madrid@aol.com), August 25, 1999.

Meg- That's a really high price for 1/10th oz gold. Spot price is now $253.00/oz. Try Goldmasters at $30.58 seems better :)

-- Gia (laureltree7@hotmail.com), August 25, 1999.

The price of gold never changes, everything else relative does.

-- Porky (Porky@in.cellblockD), August 25, 1999.

When gold is outlawed only us outlaws will have gold, screw the government.

-- rambo (rambo@thewoods.com), August 25, 1999.

Very high price, unless those are proofs from the Mint in a coin case or whatever. (My friend gave me a silver $1 like that.) Affordable Jewelry and Precious Metals seems to have good prices and they appear reliable. I recently bought at $28.95.

-- Mara Wayne (MaraWayne@aol.com), August 25, 1999.

The Home Shopping Network is notorious for overpricing across the board.

-- Tom Carey (tomcarey@mindspring.com), August 25, 1999.

Mara: Does Affordable Jewelry and Precious Metals have a web site? The Chief

-- the chief (The Chief@aol.com), August 25, 1999.

MEG & GIA: I could be mistaken, but I have seen an ad for "$5 American Eagle" 24K gold coins for what I believe was $59 in the very recent past. When I read the ad I remembered thinking that these coins cannot be US Mint "Eagles" as we know them. The Mint only produces Eagles in 22K.

As a further suspicion, a $5 Eagle" from the mint contains slightly less than 1/4 oz of gold. I would be extremely cautious in assuming that these particular "$5 Eagles" for $59 each contain anything approaching 1/4 oz of gold.

With respect,

-- Dave Walden (wprop@concentric.net), August 25, 1999.


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-- Tommy Rogers (Just a Thought@Been there.com), August 25, 1999.

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