US Mint Has Suspended Gold Coin Sales?

[MalteseFalcon]

http://apmexdealer.blogspot.com/2008/08/news-alert-us-mint-suspends-sales-of.html

8/14/2008 04:02:00 PM, Posted by APMEX, 8 Comments
First - The Bad News.

We just received word, the US Mint has suspended sales of the 1 oz Gold American Eagles until further notice and are not accepting new orders from precious metals dealers. This is in addition to the shortage of 1 oz Silver American Eagles.

This comes at a time when many investors around the nation are scrambling to locate silver bullion and US gold coins while prices are attractively low. These low prices seem to be one of the driving factors in this recent shortage, as investor demand has dramatically increased.

Granted, they use this 'bad news' to let everyone know they still have some Gold Eagles for sale.

But that is not why I posted the above. The metals market is kinda freaky the last few weeks, with prices dropping heavily.

Here is a nifty article I found though.....4 Reasons To Invest In Gold Now....

http://www.moneyweek.com/investment...-gems/four-reasons-to-buy-gold-now-85754.aspx

 

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