American Eagle Gold Bullion Coin Sales Suspended; U.S. Inventory Depleted

EPJ13

“The U.S. Mint said it has suspended sales of its one-tenth ounce American Eagle gold bullion coins as surging demand after bullion’s plunge to two-year lows depleted the government’s inventory. Bottom line: The selling in gold that has occurred isn’t coming from the general public.  So far in April, the U.S. Mint has sold 175,000 ounces of American Eagle gold coins, putting it on track to challenge a high of 231,500 ounces set in December 2009.  The buying by individuals in the wake of the curious decline seems to be global.”

http://www.economicpolicyjournal.com/2013/04/american-eagle-gold-bullion-coin-sales.html

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