|
||
Relevant: |
2008-08-23 — bloomberg.com
The U.S. Mint said it will resume limited distribution of its 1-ounce American Eagle Gold coins a week after suspending sales because investors and collectors depleted the supply. ... Citing ``unprecedented demand,'' the Mint halted sales Aug. 15. Gold prices soared over the past year, with the most active gold futures reaching a record $1,033.90 an ounce on March 17. Prices have since declined. "Unprecedented demand"? More like "because we didn't want to go into the market as buyers, since that would support the price". Note also that gold Eagles will still be rationed, so they're still pulling the same tricks. This is not a free market. The rigging in support of the dollar continues. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |