NumisMaster Logo
Home
Register
Sign In
Free Newsletter

Collector Info
In Print
Site Map

Statue of Liberty on the Market?
May 13, 2011



The United States isn’t going to sell the Statue of Liberty or Yellowstone National Park to keep itself from going over the debt limit.

You saw it here first.

Was there ever any likelihood that such a thing would happen?

No. But why let that stand in the way of a headline?

This week’s breathless commentaries that the United States wouldn’t sell the gold in Fort Knox, Ky., is another one of those fabricated headlines.

Was there ever any likelihood that the gold would be sold?

No.

The gold window was closed in 1971.

The last government gold sales to influence the market concluded in the 1970s.

But then there is that conspiracy theory that the gold really isn’t there. This is a duplicate of the 1970s conspiracy theory that the gold was not there and the 1950s conspiracy theory that the gold was missing.

Naturally, if the gold is not there, the Treasury Secretary would have to rule out a gold sale because if he didn’t the evidence of the missing precious metal would be discovered.

Can’t have that.

What would the 2030s conspiracy theorists do if they couldn’t focus on the national gold stockpile?



Add to: del.icio.us   digg
With this blog: Email to friend   Print



Something to add? Notice an error? Comment on this blog.
  


About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

Search this Blog
Email Updates
Email me a message when a new post is added!
RSS Feed
More Links
Numismatic News
 



About Us | Contact Us | Privacy | Your data is secure
©2014 F+W Publications, Inc., Iola, Wisconsin. All rights reserved.