Gold Coin Shortage? Ron Paul Questions US Mint

07/20/2010 – www.RonPaul.com The United States Mint has a gold problem. As demand for precious metal in the futures indexes and in physical gold bullion coins increases as the dollar weakens, there’s been a run on the Mint. Don’t worry, there’s no shortage of gold. It’s just that the Mint doesn’t have the resources to make it into coins due to outsourcing and budget cuts decades ago. The problem lies in manufacturing the blanks. The blank planchets are not made at the Mint, which hasn’t had the production capacity for this stage of the minting process since the budget cuts of 1981. More www.forbes.com –Ron Paul is America’s leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: www.RonPaul.com http www.CampaignForLiberty.com http www.DailyPaul.com http

25 Responses to Gold Coin Shortage? Ron Paul Questions US Mint

  1. john5246 says:

    @gangreneday

    yeah that’s was jackass-like of me I guess now that I think of it

    but I’m probably right nonetheless

  2. JohnnyDizm says:

    @philateliceun Can you destroy paper? Is paper money shot into space? Does paper money fall from the sky in meteorites? Can you sweat or clip paper? Can you corrupt paper, can you “water” paper down? Can you calibrate a scale to measure paper? Can you find paper money? Einsteinium’s pretty rare, why not base the economy on that?

  3. SturmKorps says:

    7:20 why is that LMAOing behind him ?

  4. JohnnyDizm says:

    @mciarleglio Real or rare? Paper’s got you beat on both points.

  5. Arceumon says:

    @Luigi84289 Same here.

  6. RebelRouserMC says:

    In short form,, to be a successfull buisness person in the USA these days, you have to learn to rob and steal from everyone else..

  7. TheBrotherMouzone says:

    Can someone explain to me in detail what it means in Congress to “yield back one’s time”? Does it mean he just wasted the time, or will it be accummulated so he can talk more on a different occasion later?

  8. rim3 says:

    @john5246 dude you actually invested your time to correct a complete stranger’s spelling of the word only on a youtube video, you’re a complete loser

  9. ShawnHydedotcom says:

    @JohnnyDizm

    Do you think gold grows on tree’s?

  10. ShawnHydedotcom says:

    Could one not make gold in to small pieces and mark them for size? It would not technically be minting coins so anyone should be able to do it. and unless they outlaw free trade then we should all be able to use them in trade yes?

  11. combovergi says:

    dont buy gold coins 30-40% mark up here in the UK, not sold on weight alone they say their rare it not true.

  12. ztT6Gkxx77 says:

    What’s with that guy behind him staring at his head?

  13. fonkymaster says:

    for the love of fuck run in 2012. I will be able to vote then, and you will have mine.

  14. Klaffveinz says:

    @combovergi what do you mean? Im already saving money to “invest” in gold. Can you please clarify?

  15. Pepsifx357 says:

    @ztT6Gkxx77 He was hungry, he was trying to justify eating brains to stay alive. Or he was a vampire and was resisting the urge to bite.

  16. makewuvnotwar says:

    The constitution gives congress the power to coin money, and set up the measures of precious metals the coins contain. The constitution does not give congress the power to print paper money, or the authority, to delegate it’s authority, to Jewish banking cartels.

  17. SaM5246iPhone says:

    @rim3

    as are you, the man just took some time to correct a horrible spelling error, and if you look at the comment there are lot’s of errors. We need to hold people to some standards, is too much to ask to have them spell “onli” right? Kids could be reading these comments and think it’s appropriate to spell it that way along with all his other mistakes!

  18. KurzLuppii says:

    @hergs

    The problem is IRS and the people writing the laws don’t ‘want’ to after the millionaires.

    *cough*bribe*cough*

  19. mattador2792 says:

    @JohnnyDizm Yeah, paper money is always going to retain its value because our government says so. Gold isnt worth shit. (Sarcasm)

  20. 8331riverland says:

    WHATS THE CONSTITUTION?

  21. OurTimeIsOut says:

    Is the valueless dollar even made in America anymore?

  22. hergs says:

    @KurzLuppii Easy solution: make all campaign contributions a felony, and publicly fund elections. Most voters don’t pay attention until the last few weeks of an election, so truncate the election cycle to 4-8 weeks before an election. No billion dollar campaigns, and the person with the best ideas will win (since campaign funding will play no part).

    This would fill the halls of congress with true representatives of the people, like Ron Paul and Bernie Sanders.

  23. ruempire says:

    Fuck The United States Mint and The United States Government… What a joke and the fucking joke is on all the American citizens.. WAKE THE FUCK UP PEOPLE..

  24. LordSparkisvati says:

    This is what Rome must have felt like in their last few years. There is no way this can continue.

  25. eliasmouawad says:

    The real disaster
    Search For
    “OBAMA DESTROYED US ARMY”

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