Shami-Amourae
18th February 2015, 06:48 AM
SilverFuturist exposes scam Gold/Silver dealers pull on public with idiotic government policy and Silver Eagle premiums...
https://www.youtube.com/watch?v=x16ni6QDE9I
A big bullion dealer/author just said that he sold 7% of all the silver American Eagles for a year recently. That is why you have to pay premiums - the dealers buy up the mint coins first so you can't order from the mint. The mint operates at a loss, instead of adding the premiums themselves for a profit - they provide cheap product to dealers at the taxpayer expense. Then we hear rhetoric about "inefficient and evil government" when these dealers would not exist if the government was smart and well-run!
Maloney talks about this around 5:45:
https://www.youtube.com/watch?v=pwlQgNisgqA
https://www.youtube.com/watch?v=x16ni6QDE9I
A big bullion dealer/author just said that he sold 7% of all the silver American Eagles for a year recently. That is why you have to pay premiums - the dealers buy up the mint coins first so you can't order from the mint. The mint operates at a loss, instead of adding the premiums themselves for a profit - they provide cheap product to dealers at the taxpayer expense. Then we hear rhetoric about "inefficient and evil government" when these dealers would not exist if the government was smart and well-run!
Maloney talks about this around 5:45:
https://www.youtube.com/watch?v=pwlQgNisgqA