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Gold Coin Shortage? Ron Paul Questions US Mint | Gold Investment Deals

Gold Coin Shortage? Ron Paul Questions US Mint

December 2, 2012 by  
Filed under Gold Coins


07/20/2010 – www.RonPaul.com The United States Mint has a gold problem. As demand for precious metal in the futures indexes and in physical gold bullion coins increases as the dollar weakens, there’s been a run on the Mint. Don’t worry, there’s no shortage of gold. It’s just that the Mint doesn’t have the resources to make it into coins due to outsourcing and budget cuts decades ago. The problem lies in manufacturing the blanks. The blank planchets are not made at the Mint, which hasn’t had the production capacity for this stage of the minting process since the budget cuts of 1981. More www.forbes.com –Ron Paul is America’s leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: www.RonPaul.com http www.CampaignForLiberty.com http www.DailyPaul.com http

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Comments

24 Responses to “Gold Coin Shortage? Ron Paul Questions US Mint”
  1. TMike293 says:

    For collectors??? the U.S. has 330 mil people and all are collecting gold coins?? sound more like he’s talking with the chinese population in mind.

  2. TMike293 says:

    Where do you think the guy’s from?

  3. paperthinedge1218 says:

    I love that guys face @ :56

  4. TheMadCrumpet says:

    @Deathtogreece2 I can assure you that it’s not just the Jews… Almost every Austrian Economist that Dr. Paul follows is Jewish. Not every Jew is out to get you…

  5. Randy Tate says:

    Because most do not compete in an open market for their jobs. Governments are administrative bodies employing managers who are taught in MBA classes how to maintain status quot. This is not an environment of innovation. This why all the private industry people who were brought in at NASA’s inception were able to land a man on the Moon but in a single generation devolved into a bureaucracy that failed to sustained manned space flight. This is the hallmark of government run programs.

  6. MishuTaste says:

    How did the federal government get filled with so many inept people?

  7. TheStig000 says:

    I remember learning about the fall of the Roman Empire when I was in school. I always wondered how it must have felt to watch such an impressive empire fall. Now I’m beginning to experience it first hand.

  8. RadioactivFallout says:

    never put an asian in control of money supply

  9. TiredOldFart says:

    What a bunch of shit. The issue here is the gov’t doesn’t want to provide real money to the people. The can’t get sufficient planchettes, so they make none. Outrageous. I bet there’s a vendor in China who can make planchettes. Outsource the mint to China. All the other jobs are there already.

  10. manny298 says:

    The U.S. Federal Government must be shut down… because they are supporting big bank, wall street and special interest who are now selling U.S. real estate to foreigners. These are the same people that shipped 100% of the U.S. jobs over seas… Wake America these people do not like Americans. These are the people that foreclosed on Americans citizens because they could not afford the mortgage payment because of the jobs being sent over seas. Are you Ready.

  11. zekehooper says:

    It doesn’t matter who is president. If they try to get away from the fed then they will die! The only way to do this is to get every one in the country to stop useing the money. Use something else, I don’t know what but as long as the fed is not involved then it would be good.

  12. TheFamousSkippy says:

    Lets stop saying “We wish he was president” we always wish, us fuckin americans just wish!! get out there and start a fundraiser for this man!! help him get publicity!! Help him become our president instead of wishing he was!!!

  13. hotheadedjoelhaha says:

    No Other Government on the face of this planet has a problem as the GREAT U.S. does in making Gold and Silver coins. Our Entire Country has run a muck.

  14. drmcmoney says:

    The man in the background is shocked at the level of inflation 0:55

  15. drmcmoney says:

    The man in the background is shocked at the level of inflation 0:55

  16. suzettespencer says:

    Even making gold & silver coins is politicized. This country is truly doomed.

  17. richardcadbury says:

    “Congress shall have the power to coin money”

    they might as well have written

    “Congress shall have the power to organise a piss up in a brewery”

  18. waterchildtera says:

    now they have been informed that they are breaching there oath in office
    they need to correct there actions or suffer the fate the constitution provides !
    sounds like they stole all the gold reserves !
    get rid of the FEDERAL RESERVE SYSTEM and this would not of happened !
    only congress should coin currency

  19. waterchildtera says:

    now they have been informed that they are breaching there oath in office
    they need to correct there actions or suffer the fate the constitution provides !

  20. drshock18 says:

    “the private compaines dont have a problem because they dont deal with the volume that we do”

    ^ someone try to make that statement make sense….

  21. gilaguide1 says:

    RON PAUL FOR PRESIDENT 2012 !!!!

  22. xitzst3phbiitchz says:

    HAHA

  23. xMaXiMuSx says:

    Watt is scum!!!!!

    He shut down Ron Paul’s BIll

  24. Rae F says:

    Ron Paul is the ONLY qualified  Candidate for President, PLUS hes America’s ONLY hope at a future!! People MUST wake up and realize what is happening to this ONCE GREAT nation of ours….EDUCATE EDUCATE EDUCATE yourselves!!

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