US Mint to Suspend American Eagle Gold 1oz Coins
November 27, 2009, 4:40 pm
Filed under: bullion coins, Dollar, dollar collapse, dollar dump, Economy, gold, gold shortage, Greenback, hyperinflation, Inflation, IRS, legal tender, peak gold, US Economy, us mint
Filed under: bullion coins, Dollar, dollar collapse, dollar dump, Economy, gold, gold shortage, Greenback, hyperinflation, Inflation, IRS, legal tender, peak gold, US Economy, us mint
Gold eagle is legal tender and is exempt from reporting to the IRS
US Mint to Suspend American Eagle Gold 1-Ounce Coins
Reuters
November 26, 2009
The U.S. Mint said Wednesday it will suspend sales of the popular American Eagle 1-ounce bullion coins as rising demand depleted its inventory.
“The United States Mint has depleted its current inventory of 2009 American Eagle 1-ounce gold bullion coins due to the continued strong demand for this product,” the Mint told its authorized dealers in a memorandum on Wednesday.
November sales to date were at 124,000 ounces, higher than the 115,500 ounces sold in each month of September and October, the Mint said.
The Mint said it expects to resume sales in early December.
We’re running out of gold: miners
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