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Old 07-18-2009, 06:02 PM   #1
peaceandlove
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Join Date: Sep 2008
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Default US Mint AGAIN Suspends Gold Coin Sales - Is USA Really Out of Gold?

US Mint AGAIN Suspends Gold Coin Sales - Is USA Really Out of Gold?

MONDAY, JULY 13, 2009

I may have missed one or the other suspension of gold coin sales by the US Mint. But here we go again: Checking the online store of the US Mint I came across notices of delays and suspensions with golden Eagles and Buffaloes with waiting times between weeks and further notice.

The US Mint press room has entirely omitted this confirmation about the tightness of the bullion market which enjoys upward momentum thanks to the thousands of big problems the world faces.

Checking on 24kt Buffalo gold coins the Mint saddened me with this statement:
Production of United States Mint 2009 American Buffalo Gold Proof Coins has been delayed because of the limited availability of 24-karat gold blanks. The 2009 American Buffalo One-ounce Gold Proof Coin is scheduled to go on sale in the second half of the 2009 calendar year after an acceptable inventory of 24-karat gold blanks can be acquired. The release date, once established, will be posted to the 2009 Scheduled Products Listing.

As a result of the numismatic product portfolio analysis conducted last fall, beginning in 2009, American Buffalo Gold Proof fractional coins and the four-coin set are no longer available. Additionally, the United States Mint will no longer offer American Buffalo Gold Uncirculated Coins.
The most economical way to buy gold coins, US gold eagles is blocked as well:


Continues: http://prudentinvestor.blogspot.com/...oin-sales.html

SOURCE: http://solari.com/blog/

Last edited by peaceandlove; 07-18-2009 at 06:15 PM.
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