Buying metals from Midas Resources?

[ClayTrainor]

http://www.midasresources.com/


I just got off the phone with Frank from Ted Anderson's Midas Resources and for about $10,000 i built a package including.

15 $10 Gold Liberties (1/2 oz of gold in each)

2 Rolls of mercury dimes


This sounds pretty good, considering the prices on ebay and whatnot. Frank also implied that .999 pure gold can always be seized by the government, if they return to the gold standard. (apparently this happened once before in history)


Anyways, I should've bought gold a month ago like a smart person, but i've left it and now i've got to make my buying decision fairly quickly.

Midas does not expect to have these coins avaliable past tommorrow.

Would you go through with this if you had $10k to invest, or would you shop around?

[Bruno]

If deal is still available until tomorrow, you have plenty of time to shop around. Try ampex or others.

[ClayTrainor]

If deal is still available until tomorrow, you have plenty of time to shop around. Try ampex or others.

Will do, for sure.


Im curious if the above sounds like a fair deal, good deal, or a ripoff

Also,

is it more likely that the government will seize .999 pur gold, than gold coins mixed with other metals like the $10 liberty coin?

[s35wf]

try monex as well as apmex. Last week they were out of silver, but i didnt ask about gold.

www.monex.com


ask if they have any silver back in stock , thanks.

[Bruno]

[QUOTE=ClayTrainor;1750459]Will do, for sure.


Im curious if the above sounds like a fair deal, good deal, or a ripoff

Also,

is it more likely that the government will seize .999 pur gold, than gold coins mixed with other metals like the $10 liberty coin?[/QUOTE]


I don't think anyone has the answer to that question. But from my understanding, numismatic coins were not confiscated in 1933, only bullion coins.

[ClayTrainor]

try monex as well as apmex. Last week they were out of silver, but i didnt ask about gold.

www.monex.com


ask if they have any silver back in stock , thanks.

hey bro, i just talked to them, and they have lots of Canadian maple 1 oz. gold coins but in terms of silver they only have

1000oz bars

90% bags of junk and
40% bags of junk

[ClayTrainor]

I don't think anyone has the answer to that question. But from my understanding, numismatic coins were not confiscated in 1933, only bullion coins.

Thanks for the insight Bruno!

[bluemarkets]

That seems a little overpriced, probably because of their numismatic value

how many ounces of silver are those 2 rolls?

Id shop around, you can still get gold bullion is several places

[ClayTrainor]

That seems a little overpriced, probably because of their numismatic value

how many ounces of silver are those 2 rolls?

Id shop around, you can still get gold bullion is several places

yea, so many factors to consider.

The deal seemed expensive to me since alex jones is talking like Ted Anderson is giving us such a huge deal on this stuff. They are talking like they are giving it to us for $100 cheaper than current market value but,

When you add up the value of the gold, it's only 71/2 ounces, in the 15 coins.

why are these coins worth more than the value of gold they contain?

[Deborah K]

Here's a link to check out: http://bullion.nwtmint.com/