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Wednesday, February 15th, 2012

Posts Tagged ‘ American Eagle bullion coins ’

Is the U.S. Government Stopping Gold Coin Sales?

Aug 25th, 2008 | By Eric Roseman | Category: Featured, Financial News, Gold Market

Last Thursday, we reported that high demand prompted the U.S. Mint to stop selling popular one-ounce 22-karat American Eagle bullion coins to dealers as they scramble to build the inventory back up.

Launched in 1986, the American eagle bullion program is a popular way for investors to buy gold and silver coins.

Eric Roseman in The Sovereign Society says collecting and investing in bullion has morphed into an outright bonanza for coin dealers this decade. Now, many gold bugs say the U.S. government is behind Mint’s decision to stop selling Eagle bullion coins.