About 45 years ago a class action lawsuit was brought against the Franklin Mint for PRICE GOUGING their silver products by 2x the price of silver. The suit was dropped when the price of silver went over $40 an oz. Thanks to the Hunt brothers! You would THINK some HOT SHOT LAWYER would start a class action lawsuit against the U.S. Mint as they are now charging OVER 3X the price of silver ( currently $31.50 or thereabouts!) What do you folks think about some lawyer taking up our case against the mint for PRICE GOUGING?
Hi Roy, I don’t think a court case will come about, but I was not happy to read the email concerning the US Mint’s price increases. The US Mint should not be a for profit institution. Their products should be made available at a cost to the American people. Of course I understand that advertising, website development and management, numismatic programs, and many other things could add to the manufacturing cost, but again with these things added in products should be at cost. I would have no problem with reasonably marking up mint products for international sale. As collectors we can choose to not buy, reduce our purchases, or buy on the secondary market with hopes that prices come down on that side of the market. I plan to buy on the secondary market, only if I get a fair deal.
Guess we just wait for the Data to be released and then decide what to do but I'm always going to buy pull backs. I stack dollars during run ups and then wait for Fibonacci retracements to dive in.😂
Well the June nonfarm payroll data is out, and it could not be better for bulls. The economy continues to create jobs even as unemployment ticks modestly higher. (Crossing 4 %). Wage pressure appears to be moderating. It looks like we will not see a buying opportunity for Gold and Silver today…
@@MinuteManPreciousMetals Honestly, whatever the government figures they put out, to me, are a bunch of BS! We have over 2 millions illegals allowed to be here, and if we keep the mind diseased president, in another 4 years that will double! I don't know about your area but here on Long Island, businesses are shutting down faster than the plague! You can't tell me that unemployment isn't getting worse and looking here on TH-cam, HOMELESSNESS is getting worse! We can't even take care of our Veterans, much less all these illegals, who BTW, have never been checked for disease and CERTAINLY are bringing in disease that America eradicated years ago! Wait until the next Democommie push for tax increases! Sorry to get off topic but gouging on coin prices just goes along with the governments way of helping the bad guys our fathers fought against defeat us without us fighting back!
About 45 years ago a class action lawsuit was brought against the Franklin Mint for PRICE GOUGING their silver products by 2x the price of silver. The suit was dropped when the price of silver went over $40 an oz. Thanks to the Hunt brothers! You would THINK some HOT SHOT LAWYER would start a class action lawsuit against the U.S. Mint as they are now charging OVER 3X the price of silver ( currently $31.50 or thereabouts!) What do you folks think about some lawyer taking up our case against the mint for PRICE GOUGING?
Hi Roy, I don’t think a court case will come about, but I was not happy to read the email concerning the US Mint’s price increases. The US Mint should not be a for profit institution. Their products should be made available at a cost to the American people. Of course I understand that advertising, website development and management, numismatic programs, and many other things could add to the manufacturing cost, but again with these things added in products should be at cost. I would have no problem with reasonably marking up mint products for international sale. As collectors we can choose to not buy, reduce our purchases, or buy on the secondary market with hopes that prices come down on that side of the market. I plan to buy on the secondary market, only if I get a fair deal.
Where do you think today's data will take the markets? Will we have the buying opportunity that the analyst predicts in my video?
Guess we just wait for the Data to be released and then decide what to do but I'm always going to buy pull backs. I stack dollars during run ups and then wait for Fibonacci retracements to dive in.😂
@@lawrencehoward9646 that is a great strategy and one I use as well.
@@MinuteManPreciousMetals I knew there was a good reason I liked your channel 🤣🤣
Well the June nonfarm payroll data is out, and it could not be better for bulls. The economy continues to create jobs even as unemployment ticks modestly higher. (Crossing 4 %). Wage pressure appears to be moderating. It looks like we will not see a buying opportunity for Gold and Silver today…
@@MinuteManPreciousMetals Honestly, whatever the government figures they put out, to me, are a bunch of BS! We have over 2 millions illegals allowed to be here, and if we keep the mind diseased president, in another 4 years that will double! I don't know about your area but here on Long Island, businesses are shutting down faster than the plague! You can't tell me that unemployment isn't getting worse and looking here on TH-cam, HOMELESSNESS is getting worse! We can't even take care of our Veterans, much less all these illegals, who BTW, have never been checked for disease and CERTAINLY are bringing in disease that America eradicated years ago! Wait until the next Democommie push for tax increases! Sorry to get off topic but gouging on coin prices just goes along with the governments way of helping the bad guys our fathers fought against defeat us without us fighting back!