Money laundering. That’s what this is.
It’s not money laundering to sell dumb shit to idiots, like coins to magas, or bathwater to thirsty teenagers, or dogecoin to me
I have no clue if there’s indeed any proof for such a claim, but the theory that I read elsewhere is that it’s a way to obfuscate money flows.
If a foreign nation (Russia, China, North Korea, whoever) would like to engage in the election, they can’t just donate to the campaign officially. But instead, they could buy a couple thousands of these coins in smaller transactions.
TBH I’m rather with you. I think the majority of these coins is just bought by some MAGAs. For foreign nations there’d be probably more efficient ways to transfer money like shares etc.
How?
Pathetic
This is quite reasonable; his base are fucking idiots, and fall for this shit all the time.
And the republicans will just say he’s being enterprising.
To be completely fair, this is the sort of thing he’s done for forever now. A significant portion of his wealth comes from simply licensing the Trump name
Conman trying to con, news at 11.
Trump is broke. He has no money.
If I could get one for the actual price of silver (~31 USD/oz) I think I might just get one - for the “remember this dipshit?”
Check a local coin dealer/show.
Silver ounce rounds come in infinitely many designs, and there are a lot of right-wingers in those interest groups.
I’m pretty sure I’ve seen them done up with his ugly maw on. I think sometines as copper too.
[un]fortunately i don’t live in the states.
I saw these being talked about on r/silverbugs, Reddit’s silver-collecting community. There is definitely a higher-than-usual concentration of Trump supporters there and even they were lambasting it for being a dumb thing to buy.
The thing is, these can’t even legally be called “coins”. A coin is only called that if it’s made with sanction from the state. Privately-made coin-like objects are “rounds”. Silver rounds are pretty common and are basically all worth melt value. I have no doubt these “commemorative
coinsrounds” will meet their end five or ten years from now in someone’s backyard kiln who will unceremoniously melt them down and cast them into some nice jewellery or a silver figurine.Edit: I actually have some Trump design silver rounds. Not official Trump products, of course (or maybe they are, IDK). They are very common and worth nothing more than melt value. I paid melt value of these two. I traded one of them to my former roommate who’s a Trump supporter for a cod.
Definitely going to keep the “never surrender” round that has his mugshot that they took after he surrendered though.
melt value is like $35? if it’s actually as pure as they say and i do not fucking trust them with anything
Why does he think I would buy a $90 coin? I mean, who in their right mind needs a $70 coin? I’m definitely not buying an $8 coin.
Trump designs are a dime-a-dozen in silver rounds. I’ve come across at least two just from buying random amounts of them in bulk from billion dealers.
They are sold to suckers for way too much money and then are sold back to bullion dealers for a dollar fifty under their melt value so that the sucker in question can make the interest payment on their Ford F150. They eventually meet a gnarly end in someone’s furnace after a few years and are cast into some actually desirable silver jewellery or silver bars.
He doesn’t. His base might, depends how much they have left. The people who definitely will are the Russians, Chinese and Saudis.
How about a ₽100 Ruble coin?
“1oz .999% silver medallions”
So the coins weigh 1 oz, and are, for all intents and purposes, 1% silver? According to a quick google, silver is worth $31.07 an ounce today. So these coins have 3.1 cents worth of silver in them.
And he’s selling them for $100 each.Or is the decimal used differently here because the Guardian is British and in this context it means 99.9%?
In that case it’s $31 worth of silver sold for $100, but that seems a downright generous investment when it comes to Trump merchandise, so I’m still guessing it’s 3 cents worth of silver.When you see “1 oz of .999 fine silver” that means it’s almost pure silver. 1.0 would be 100% pure. This is 99.9% pure.
https://topvegasbuyer.com/blog/the-truth-about-999-u-s-silver-coins/
You can also get .9999 silver.
Buy as many as you can. Then wait to be as rich as he claims to be. What could go wrong.
“1oz .999% silver medallions”
So 3x the price of other 1 ounce silver rounds?
https://sdbullion.com/silver/silver-rounds/1-oz-silver-rounds
The Guardian - News Source Context (Click to view Full Report)
Information for The Guardian:
MBFC: Left-Center - Credibility: Medium - Factual Reporting: Mixed - United Kingdom
Wikipedia about this sourceSearch topics on Ground.News
https://www.theguardian.com/us-news/2024/sep/22/trump-commemorative-coins