Michael Zielinski: Mint's new pricing policy raises premiums

5:18p ET Monday, January 19, 2009

Dear Friend of GATA and Gold:

Coin market analyst Michael Zielinski, editor of the Mint News Blog, reports that the U.S. Mint's new pricing policy has greatly increased the premiums of the mint's coins over metal value -- or at least over the nominal metal value as reported by commodities exchanges. The real value is, of course, whatever the market will pay, and the rising premiums at the mint may be another indication that the commodities exchange price isn't necessarily the real price. Zielinski's commentary is headlined "Reactions to U.S. Mint's New Pricing Policy" and you can find it at Mint News Blog here:

http://mintnewsblog.blogspot.com/2009/01/reactions-to-us-mints-new-prici...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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