Comments on: Gold Ends Week at 1-Month High; Other Metals Post Sharp Weekly Losses https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/ CoinNews delivers the latest World and US coin news Thu, 16 Mar 2023 03:44:29 +0000 hourly 1 https://wordpress.org/?v=6.1.1 By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519641 Thu, 16 Mar 2023 03:44:29 +0000 https://www.coinnews.net/?p=94811#comment-519641 In reply to Major D.

Once again, I will go with “each to his own”. There are those of us who like cash, some others opt for credit cards, still others prefer crypto. I think there’s room for everyone in our great country.

]]>
By: Major D https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519631 Wed, 15 Mar 2023 23:41:23 +0000 https://www.coinnews.net/?p=94811#comment-519631 In reply to Kaiser Wilhelm.

From the Big Brother perspective, the problem with currency is that you can’t track who’s using it and when, and for what purpose, and who’s the recipient- it’s all under the radar (another archaic term). Already, when I go to buy, sell or exchange coin rolls from the bank using cash, I must provide my bank card and/or ID. The banks are required by the Gov to record all cash transactions regardless of amount, under the guise of combating money laundering.

]]>
By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519601 Wed, 15 Mar 2023 06:21:17 +0000 https://www.coinnews.net/?p=94811#comment-519601 In reply to Major D.

Major D, the problem with a currency that exists only in the etherverse is that it will still be an exceedingly long time until that incredibly large percentage of the earth’s population that is for all practical purposes permanently underprivileged will even begin to have anything resembling access to the requisite technology.

]]>
By: Major D https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519575 Tue, 14 Mar 2023 21:00:22 +0000 https://www.coinnews.net/?p=94811#comment-519575 In reply to Kaiser Wilhelm.

No, Kaiser. Digital currency will overtake and make physical currency obsolete- once the US government goes all in and stops printing and minting (it’s just a matter of time).

]]>
By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519528 Mon, 13 Mar 2023 02:40:12 +0000 https://www.coinnews.net/?p=94811#comment-519528 In reply to Craig.

The funny thing about India, Craig, is that while that country is the #2 consumer of gold in the world (after only China), the Indian people use their gold for jewelry rather than for coins.

]]>
By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519527 Mon, 13 Mar 2023 02:36:05 +0000 https://www.coinnews.net/?p=94811#comment-519527 In reply to Craig.

Talk about “in sync” (and here I don’t mean the boy band), I haven’t yet purchased a single item from the Mint this year either. Ordinarily by now I would at least have gotten the Proof ASE-W and the Congratulations Set, but with those gorgeous Morgan and Peace Dollars on the horizon I knew I had to save my funds for when those beauties arrive on the scene.

]]>
By: Craig https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519518 Sun, 12 Mar 2023 22:58:40 +0000 https://www.coinnews.net/?p=94811#comment-519518 In reply to Kaiser Wilhelm.

I know, Kaiser, and was thinking when I watched that commercial how I wished I was there to do the clean up of all that gold…lol.

]]>
By: Craig https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519516 Sun, 12 Mar 2023 22:54:03 +0000 https://www.coinnews.net/?p=94811#comment-519516 In reply to Kaiser Wilhelm.

Kaiser, We are in sync, except for the 1/10th ounce AGE, with regard to our planned purchases from the Mint this year. The Peace and Morgans and the 1/10th ounce AGE(unless they price it “to the moon,Alice”) coins are all I’d like. Here we are into March and I haven’t bought a thing from the Mint. Let them tell us “Price doesn’t matter.”

]]>
By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519514 Sun, 12 Mar 2023 22:38:30 +0000 https://www.coinnews.net/?p=94811#comment-519514 In reply to Craig.

It’s my belief, Craig, that cryptocurrency will go the way of the Edsel, the hula hoop and laser discs. Gold will be good as gold as long as there are people.

]]>
By: Kaiser Wilhelm https://www.coinnews.net/2023/03/10/gold-ends-week-at-1-month-high-other-metals-post-sharp-weekly-losses/comment-page-1/#comment-519513 Sun, 12 Mar 2023 22:15:36 +0000 https://www.coinnews.net/?p=94811#comment-519513 In reply to Craig.

Once again I have apparently not expressed myself clearly enough here, Craig. The real issue is not that I don’t especially care for gold so I therefore purposely keep my ownership of it to a minimum. The actual determining factor is none other than possessing insufficient discretionary resources to regularly pursue the acquisition of gold for my collection. This year the Mint’s higher price for silver coins is putting constraints on what I am able to buy, so I’ve decided to skip the ASEs to get the Morgan and Peace dollars.

]]>