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basically it looks like an eagle is marked up from the mint's 3% to 4-7% or more depending on quantity and volatility next question would be why the US Mint's premium is so high for a piece of legal tender. are they intentionally limiting the liquidity of this market?

I found the requirements to become an authorized purchaser. It looks like they sell directly in bulk to very large authorized wholesalers who then deal to secondary retailers like Tulving. http://www.usmint.gov/consumer/index.cfm?action=AmericanEagles from the page: * For the...

sure, that makes sense. i've been comparing spreads across physical dealers, pools, etc basically what i'm wondering is how a dealer actually procures new physical coins from the US Mint/Treasury and what spread they pay for their inventory that they turn around and retail to the public

how do bullion dealers procure eagles, etc at cost? where is the wholesale market and what are the barriers to entry?

whoever it is they seem pretty desperate :)

this type of competition could inhibit the whitehouse and congress's incentive to print and spend, but also offer a transitionary means out of the dollar, rather than sticking the american ppl with a potential collapse and requisite consequences

seems like some antisemitic douche. get a life buddy!

i don't know... possibly an inflation basket standard or, we could open the domestic currency market to legal competition, and evaluate alternatives through a competitive free market process

some people exaggerate a victim posture, some exaggerate success posture ... same old bs just a different pathology it's interesting in itself that spitzer's editorial against the bush administration's unconventional use of the OCC to fight consumer rights went into the same old void

very true. no argument here when is this administration going to get its comeuppance?

the fact that eliott spitzer visited a whore and expected to get away with it makes me think it's probably very common practice at his level, or that he knows of lots of high level officials doing the same thing with impunity

watch the video posted by the OP the point being made is that spitzer was politically assassinated 3 weeks after writing an incredibly scathing Wash Post editoral, detailing how the Bush administration deliberately encouraged predatory lending and took unprecedented legal steps to undermine...

very unlikely in the case of any institution caught by leverage

when you contrast inflation in the prices of basic necessities with a decade of complete wage stagnation... it's easy to see how insolvency could be on the rise

when an edge starts to deplete, change brokers

why do you assume fed critics are shorts? i don't see the connection

Bush is not a 'do the right thing' kind of guy. He instructed Bernanke to make it someone else's problem. I think it's that simple.

cool was also thinking, with such a loose credit facility, a country can get caught in a vicious cycle of credit in place of growth, and the inflationary effect on savings makes that dependency even more self-fulfilling

could you also say that in a mature economy with a naturally slowing rate of growth, fractional reserve lending results in malinvestment and wealth concentration, rather than real sustainable economic growth?

tibet..