Canada mints 200-pound, solid-gold coin.

http://news.yahoo.com/s/ap/20070505/.../odd_huge_coin

 

wow, a million dollar promo..... must be nice

 

nothing like our tax dollars at work!





Jim

 

> nothing like our tax dollars at work!

As the story reads, they either break even (if buying gold at wholesale) or are selling the gold at a 1.7 million dollar lost compared to market value.

What is to stop a dealer from buying it and melting it?

 

People are too busy stealing copper from electrical sub-stations plus other places and getting electrocuted

I doubt they would take a chance for something under extremely heavy guard.