~*~Mining and Metals Du Jour~*~

[DocLevi]

A gold dealer in Albuquerque told me after asking that yes the US Government can still seize gold here and that they would not seize Gold Eagles (the current gold coin) since a tax is built in...

I also remember a radio show where a guest on there claims they suspect that the last big run-up in gold that the US dumped gold on the market to keep the price down (the mid 100's to 1200 for example). But then they make it sound like a hunt for info for what's in Fort Knox instead of just reporting facts.

Of course it just hypothetical on 3% for Munich Re.

And on, "Due to the very small size of the above ground refined, investment grade gold bullion market, the development of even a small amount of institutional buying should help put a floor under prices and indeed could propel gold prices higher", if its that high, I was wondering who was backing those small smelting of gold to cash on the spot by those gold mines (for example, the one Parker in Gold Rush TV show took to get money to pay bills for at beginning of maybe last season).

So paying a premium around them to get the new gold might be worth a lot more than they are figuring as you know its not loaded with fillings since you melted it but where does one find the honest employee to handle 1300/oz gold at a premium to miners to keep from having false gold bars (gold bars with Titanium fillers for example)? The higher gold goes the more cheaters appear, I would imagine. Then that brings in the lack of pure gold coins from US Government, why don't they want a gold coin out there that can be malleable... Canadian coins pure gold seem to last well...

"Gold - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Gold - Cached
Gold is the most malleable of all metals; a single gram can be beaten into a sheet of 1 square meter, or an ounce into 300 square feet. Gold leaf can be beaten .."

Speaking of which it would be best to have gold foil in installation (like along paper backing) for radiation protection... lol, that would be funny as who could trust them too... But seems like with all the survivalist that appeared for Mayan Calendar ending Dec. 12, 2012 ... one could gimmick (market) that too them until US comes and rips their installation out to seize their gold... lol