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Saturday, November 22nd, 2008

Posts Tagged ‘ gold coins ’

US Mint Runs Out of American Eagle Gold Coins

Aug 21st, 2008 | By Contrarian Profits | Category: Featured, Financial News, Gold Market

The recent pull back in gold prices is seen as a buying opportunity by many. The demand is so high that the US Mint has stopped selling popular one-ounce 22-karat American Eagle bullion coins to dealers as they scramble to build the inventory back up. From Reuters:

“Nobody has the Eagles or the Buffalos right now. We bought 2,000 ounces late last week, and those were the last 2,000 ounces that we can find in the marketplace,” said David Beahm, vice president of New Orleans-based Blancard.

Tags: gold, Gold Bullion, gold coins
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