The Buff

**Copper Head** · 06-03-2013, 05:12 AM

2013 $50 1 Ounce 9999 Fine 24KT Gold American Buffalo US Mint SEALED SKU27547 | eBay

Whats the consensus is Au going down more in the future

Sorry if any one is disappointed it's about a coin

**Pnutfarmer** · 06-03-2013, 05:34 AM

I thought you were going to show us your design for a cool new headband for the forum like on Survivor. No idea what gold's going to do or I wouldn't have lost money on a load of circuit boards a few weeks ago.

**Copper Head** · 06-03-2013, 04:17 PM

Thats a cool coin with a $50 face value, Maybe its a hint of a restructure of the monetary system and what a ounce of gold will or could be worth

It shows if the government if faced with a decision as to the possibility of true value , one ounce of gold is worth at least $50 and also
one ounce of silver $1 -
I don't think they just pick values out of a hat !

**jghilino** · 06-03-2013, 07:59 PM

Do you think the mint would produce and sell alot more gold and silver if they went to conservative face values based on current market prices like $10 silver and $700 gold 1 ounce coins? Why would/wouldnt they do this?

**Copper Head** · 06-03-2013, 09:49 PM

Originally Posted by jghilino

Do you think the mint would produce and sell alot more gold and silver if they went to conservative face values based on current market prices like $10 silver and $700 gold 1 ounce coins? Why would/wouldnt they do this?

I do buy 1 ounce silver , the store sales clerks are always happy to give me incentive ,as why it's good to buy Silver Eagles
" THEY WILL always be worth at least $ 1.00 Cause it's currency " , Once I hear that I almost don't want to buy silver at $29 per ounce

Yes if they had closer to current but still conservative face value they would sell more ,but they can't , as that would be like admitting to high value , or putting us back on the gold standard in a sense .
Any one has to admit that paying $1500 for one ounce that the Gov. will back at $50 is letting you know Gold is not a sure thing .