The idea that the US Mint has a legal obligation to mint and issue bullion coins in quantities sufficient to meet public demand is one that I have seen mentioned every time the US Mint puts its bullion coins on allocation. While originally true, it is no longer the case.
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FYI, you'll also like Sec. 5116 authorising the Secretary of the Treasury to sell gold.
It is very interesting to read such facts from a credible source such as this finance discussion paper that covers various insights to the happenings in the financial market. The world wide web might be an extensive database of various ongoing issues across the globe but we need to be smart enough to filter the facts from the fiction.ReplyDelete