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A comment on The Day I Bought $15,000 From the US Mint. Parent comment

Re:The Day I Bought $15,000 From the US Mint by asmithmd1 on Thursday December 09, 2010 @05:02PM (#1989389)
The US Mint buys brass slugs an turns them into US dollars -- I bet there is a pretty high margin in that business so I don't think they are taking any loss. More like the US taxpayer is taking the loss.
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Re:The Day I Bought $15,000 From the US Mint by eli on Thursday December 09, 2010 @09:32PM (#1990316)
The intrinsic value of the metal has literally nothing to do with it. If you take $0.01 of brass and turn it into $1 coin you didn't make any "profit."
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Re:The Day I Bought $15,000 From the US Mint by jrockway on Thursday December 09, 2010 @05:38PM (#1989548)
Next time he should buy treasuries instead.
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