US Mint Bullion Arguments

Satisfactory Essays
Private contract usability with court enforcement through legal tender laws No one knows for certain how things will go monetarily, politically, or economically in the coming years. Many American bullion buyers seem to prefer US Mint bullion coinage as the foundation of their bullion stack (American Eagle & Buffalo coins) given that they are indeed legal tender in the USA (see 31 U.S. Code § 5103). By owning legal tender US Mint issued bullion coins one conceivably has the option of being able to buy assets outright, making certain the contracts are explicit in payment agreed upon, notarized and thus likely court enforceable Hypothetically by owning legal tender bullion coins, it gives the owner right to explicitly use their face values
Get Access