Fort Worth, TX (PRWEB) April 11, 2014
A vice president of the well-known precious metals dealer GoldSilver.org has gone on the record with her belief that there is more than what meets the eye when it comes to the U.S. Mint’s reduction in the mintage of 2014 American Eagle Proof gold coins. In an April 3 press release the U.S. Mint announced that it would only produce 35,000 one-ounce gold Proof Eagle coins in 2014, and GoldSilver.org VP Nancy Villa wants to know if the change has anything to do with a potential confiscation of retirement accounts and/or gold.
“We haven’t received any word from the U.S. Mint thus far but it makes sense that they would mint less Proof coins at this stage in the economic cycle,” Villa said. “The dollar is falling and the job market is stagnant, and according to USdebtclock.org we have over $730 trillion in debt and unfunded liabilities.”
“In 1933 the U.S. government made gold bullion ownership illegal with FDR’s Executive Order 3102,” Villa continued. “Gold and silver Proof Eagle coins are classified as private collectibles and would be protected according to Executive Order 3102. By minting less collectibles it forces average Americans to buy bullion, which could be confiscated. Additionally, many nations have already seized the retirement accounts of their citizens, so there is no reason to believe the U.S. government would not do the exact same thing.”
“I would just like clarification of the reasons behind a reduced mintage of such a popular and profitable product,” Villa added.
GoldSilver.org is a North American market leader for gold and silver investments for home delivery or within retirement accounts. They buy and sell all sorts of investment-grade gold, silver and platinum. For more information or a free gold and silver investment guide, visit http://www.goldsilver.org or call 1-800-394-3337 today.