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Having produced this
220-pound coin just for publicity's sake, the Royal Canadian
Mint was actually contacted by parties interested in purchasing
some. So they decided to make the 100-kilogram coins available
to order. And three of them have already been sold.
So, through special arrangement with the Canadian Mint and one
of its US distributors, we can arrange for them to make you one.
Your cost would be only 10% over the actual gold value ($2.75
million or so), a price which includes delivery via Brinks to
any commercial address that you designate within the United
States.
But if rolling a 220-pound gold wheel around is not your idea of
fun, we invite you to consider instead the 1-ounce version
special edition of the .99999 gold Maple Leaf for 2007 (Click
here to see it on our website)
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Across the pond, the Isle of Man finally announced the release
of its 2007 version of the popular Cat series of bullion coins
that it began in 1988. The Isle of Man is home to the Manx Cat,
a portrait of which started this series some twenty years ago.
Since then, through the facilities of the Pobjoy Mint, they have
each year manufactured their pure gold bullion Cat coins in
sizes of 1-ounce, half-ounce, fifth-ounce, tenth- and
twenty-fifth-ounce.
To quote the press release, "This delightful series which
depicts a different cat each year has become one of the most
popular gold bullion series in the world and we are delighted to
announce the release of the 20th Cat coin in the series which
features a beautiful Ragdoll cat with her two very endearing
kittens."
We will have the coins in a few days, and are taking orders now.
Pictures will follow as soon as we get them.
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And from Australia's Perth Mint, we now have word that the
ordering period for all of the Series One Lunar coins, from 1996
through 2007 inclusive, in both gold and silver, will come to an
end the last week in June 2007.
We are encouraging our customers contemplating large orders to
contact us as soon as possible, while supplies are still
available at the Mint. We will be placing our last order around
June 25th, but some of the currently-available product may
already have reached it production limit by them. We are
maintaining a substantial inventory of Lunar Series One coins at
this time, but once the Mint is out, there is not much chance
that we will be able to restock at wholesale prices.
This fall, we will be starting Series Two of the Perth Mint
Lunar coins, with the release in September of the Year of the
Mouse coin for 2008. The Series Two coins will feature all new
designs, and be struck on planchets of different diameters from
the Series One issues.
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Meanwhile, back in America, the buffalo is looking more and more
like an endangered species. While the U.S. Mint's gold Eagles,
now in their 22nd year of production, remain the most popular
bullion coins in America, the gold Buffalo program may soon be
coming to an end. The likelihood of the Mint ever striking
fractional size Buffaloes is diminishing, and there is talk that
the bullion issue 1-ounce Buffalo will be extinct after 2007. We
will provide details as we hear them from the Mint.
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"If there is one single element around which civilizations have
risen or fallen, it is gold. Since the very beginnings of
organized society, untold legions have toiled for it, fought for
it, and all too often died for it. Great nations, and even whole
civilizations, have been known to wither and die for the lack of
it. Like it or not, gold has occupied a central place in the
affairs of man throughout his recorded history and, like it or
not, it may yet decide the future of the United States, or even
the ultimate destiny of Western Civilization itself." - Donald
J. Hoppe, "The Case for Gold," 1972.
"Nevertheless, gold does maintain its purchasing power over long
periods of time. The intriguing aspect of this conclusion is
that it is not because gold eventually moves toward commodity
prices, but because commodity prices return to gold." - Roy W.
Jastram, "The Golden Constant," 1977.
We've all seen prices double for various things over the past
few years, including real estate, copper, a loaf of bread,
gasoline, you name it. We perceive these as price increases, as
if those items magically became worth more, when in fact, what
we are seeing is inflation in dollar terms.
When prices double, the operational function of the currency
that you hold, or are owed, or have been promised in the future,
is cut in half. Without the protection of a constant such as
gold, the process of inflation, sometimes slowly, but always
inevitably, consumes your wealth.
Remember, our modern dollar is simply a medium of exchange, and
not a store of value. It's really up to you to acquire a store
of value to protect the purchasing power of your wealth for you
and your heritage.
We suggest gold.
-Richard Smith
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