Originally Posted by
soitgoes
Amex is in the business of determining what constitutes an acceptable risk for a loan. Every time you buy coins from the Mint with a credit card, you are getting a loan.
Interesting logic, but you must consider the booze, hookers and blow scenario.
Every purchase with an Amex is a loan (albeit short life). However, when purchasing $2,500 in coins, Amex knows you fully have the means to pay back the loan, but if you decide to purchase $2,500 in booze, hookers and blow and assuming you don't have the means to settle the debt, Amex may have a difficult time getting the $2,500 back.