Gold Coin Shortage? Ron Paul Questions U.S. Mint Video

07/20/2010 - http://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: http://www.forbes.com/2009/11/25/gold-coins-shortage-markets-commodities-mint.html

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@MishuTaste Because most do not compete in an open market for their jobs. Governments are administrative bodies employing managers who are taught in MBA classes how to maintain status quot. This is not an environment of innovation. This why all the private industry people who were brought in? at NASA's inception were able to land a man on the Moon but in a single generation devolved into a bureaucracy that failed to sustained manned space flight. This is the hallmark of government run programs.

How did the federal ...
How did the federal government? get filled with so many inept people?

I remember learning ...
I remember learning about the fall of the Roman Empire when I was in school.? I always wondered how it must have felt to watch such an impressive empire fall. Now I'm beginning to experience it first hand.

@RadioactivFallout ...
@RadioactivFallout CHINA MUST PAY FINE TO USA FOR COPYRIGHT INFRINGEMENT! DO? NOT BUY PRODUCTS MADE IN CHINA , BUT PRODUCTS MADE IN USA ONLY!

RON PAUL IS GOING ...
RON PAUL IS GOING TO BE PROSECUTED BY UNITED STATES OF AMERICA! ITS UNCONSTITUTIONAL TO CALL AMERICAN PEOPLE INVADERS AND INITIATORS OF WARS. RON PAUL SAID THE USA? INVADES COUNTRIES AND STARTS WARS, WHICH GIVES USA A BAD REPUTATION? AROUND THE WORLD , THEREFORE IT IS CONSIDERED A CRIME? . A US CITIZEN WHO WAS BORN IN USA CANT GO AGAINST GOVERNMENT? POLICIES WHICH MIGHT TREATEN THE FUTURE OF THE COUNTRYS SECURITY . RON PAUL WILL BE PROSECUTED BY US GOVERNMENT!

never put an asian ...
never put an asian in control? of money supply

What a bunch of ...
What a bunch of s**t. The issue here is the gov't doesn't want to provide real money to the people. The can't get sufficient planchettes, so? they make none. Outrageous. I bet there's a vendor in China who can make planchettes. Outsource the mint to China. All the other jobs are there already.

What a bunch of ...
What a bunch of s**t. The issue here is? the gov't doesn't want to provide real money to the people. The can't get sufficient planchettes, so they make none. Outrageous.

The U.S. Federal ...
The U.S. Federal Government must be shut down... because they are supporting big bank, wall street and special interest who are now selling U.S. real estate to foreigners. These are the same people? that shipped 100% of the U.S. jobs over seas... Wake America these people do not like Americans. These are the people that foreclosed on Americans citizens because they could not afford the mortgage payment because of the jobs being sent over seas. Are you Ready.

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It doesn't matter who is president. If they try to get away from the fed then they will die! The only way to do this is? to get every one in the country to stop useing the money. Use something else, I don't know what but as long as the fed is not involved then it would be good.

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No Other Government ...
No Other Government on the face of this planet has? a problem as the GREAT U.S. does in making Gold and Silver coins. Our Entire Country has run a muck.

The man in the ...
The man in the background is shocked at the level of inflation? 0:55

The man in the ...
The man in the background is shocked at the level of? inflation 0:55

Even making? gold & ...
Even making? gold & silver coins is politicized. This country is truly doomed.

"Congress shall ...
"Congress shall have the power to coin money" they might as well have written "Congress shall have the power to organise a p**s up? in a brewery"

now they have been ...
now they have been informed that they are breaching there oath in office they need to correct there actions or suffer the fate the constitution provides ! sounds like they stole all the gold reserves ! get rid of the FEDERAL RESERVE SYSTEM and this would not of happened? ! only congress should coin currency

now they have? been ...
now they have? been informed that they are breaching there oath in office they need to correct there actions or suffer the fate the constitution provides !

"the private ...
"the private compaines dont have a problem? because they dont deal with the volume that we do" ^ someone try to make that statement make sense....

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RON PAUL FOR PRESIDENT? 2012 !!!!

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@republicunderground? HAHA

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Watt is scum!!!!! He shut down Ron Paul's? BIll

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Ron Paul is the ONLY qualified Candidate? for President, PLUS hes America's ONLY hope at a future!! People MUST wake up and realize what is happening to this ONCE GREAT nation of ours....EDUCATE EDUCATE EDUCATE yourselves!!

@katey1dog ...
@katey1dog unfortuneatlley they will? smear his credibility when he is for the people

@kc9gpj A planchet ...
@kc9gpj A planchet is a disc that has been pressed or stamped into a? coin size without a face or back but with a raised rim. From that point it is minted or struck into a coin with its denomination and date appearing on its face and back.

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all you ron paul fans out there "like myself"? if you love Gold Coins and Liberty your going to Love listening to this guy George Gordon dot com.. listen to his introduction audio series 1 through 8 .. then you will realize how awesome gold and silver money is.

what is a planchet? ...
what is a planchet? ?

How does 90% of the ...
How does 90% of the voting population not vote? for this guy? people stop voting against a party, and start voting for a president!

Money property ...
Money property system is ROOT of ALL problems, it creates/exploits scarcity, never creates enough jobs, allows people on top to? control everyone/thing 1. people need food, water, energy, etc. 2. sharing all resources and knowledge allows maximum cooperative efficiency 3. creating an abundance of all our needs makes money, gov, crime obsolete 4. automating the production distribution, frees up humanity to no longer be wage slaves to governments or corporations v=YxPPnCW6sMo v=yPmHaTirnCc

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@Escape2SagaCity *they're?