Mises Wire

Congress goes after Goldline

Congress goes after Goldline

Congress will hold hearings tomorrow where Congressman Weiner plans to grill Goldline executives over their gold business. Specifically Weiner thinks they are charging too high a markup on the gold coins they sell, charging an average 90% markup on the coins they sell. Unfortunately, a quick check of the Goldline website and a few of their competitors shows that Goldline’s markup is higher than its competitors but nothing along the lines of a 90% difference.

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