2008-11-21 — news.com.au
With retail and wholesale clients around the world stocking up on the precious metal, the Perth Mint has been forced to suspend orders...
Perth Mint sales and marketing director Ron Currie said the unprecedented demand had forced the Mint to cease orders until January, with staff working seven days a week, 24-hour days, over three shifts to meet orders.
He said Europe was leading the demand, with Russia, Ukraine, Middle East and US all buying -- making up 80 per cent of its sales. One European client purchased 30,000 ounces for $33 million.
They wouldn't be having this problem if the US (and other major sovereign mints) were providing bullion coin at the rate they very well should be able to. So why won't they... or why can't they?
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