by roccman » Thu 10 Jan 2008, 11:23:05
$this->bbcode_second_pass_quote('Niagara', 'T')hat's a first-strike buffalo coin Rocc. There's a lot of numismatic value wrapped into that price.
A stay away from them and stick to Canuck Maple Leafs. You get pure gold at spot plus a small margin.
Interesting link though!
Yes - I saw that, but somehow I think "panic" buying will oputstrip numismatic buying in the end...
$this->bbcode_second_pass_quote('', 'J')OHANNESBURG, Jan 10 (Reuters) 9.10GMT- South African gold output fell 12.7 percent in volume terms while overall minerals production declined 6.4 percent in November compared with the same month the previous year, official data showed on Thursday.
Production of non-gold minerals fell by 5.4 percent in November, Statistics South Africa added.
In October, year-on-year gold sales fell 2.8 percent to 3.29 billion rand ($479 million), sales of non-gold minerals decreased by 3.8 percent to 14.09 billion rand and total mineral sales lost 3.6 percent to 17.38 billion rand, a statement on
www.statssa.gov.za said
Last Updated ( Thursday, 10 January 2008 )
Hmmmm...less gold = mo' spensive...also as PO bites the cost to dig gold out of the ground (much deeper today than 100 years ago) will also jack gold up...mining tires mo' spensive...raw materials for mining trucks mo' spensive...labor force...less spensive as mo' are put out o' work.
LONDON, Jan 10 (Goldessential) 9.10GMT - Russia's gold and foreign exchange reserves rose to $474.0 billion on Dec. 28 from $466.2 billion a week earlier, data released by the central bank showed on Thursday.