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San Diegans shun chance to get $160 silver bar for $10
4:32p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Political provocateur Mark Dice today posted an amusing video demonstrating the financial ignorance of pedestrians outside a coin shop in San Diego, California, where he tried without success to sell a 10-ounce silver bar for $10, about $150 less than what the shop presumably would have purchased it for.
Of course Dice probably would not have had any trouble unloading the bar at such a discount in Mumbai, Shanghai, Saigon, or any number of cities on the other side of the world, or maybe not in any country that doesn't presume to issue the world reserve currency -- which may be the bigger conclusion to be drawn here, the carefree ignorance of Americans having not really been news for a few decades now.
Dice's video is 4 1/2 minutes long and can be seen at You Tube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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