Monday, April 22, 2013

Golden Inches

A message to the gold community from Central Metals Corp. 
What the latest correction really means.   BK

Another important message. 
The letter below was sent to authorized dealers of the USA Mint.  BK

From the desk of John A. Szczerban
Branch Chief, Precious Metals Group, United States Mint.

April 22, 2013

United States Mint Bullion Coin Authorized Purchasers,

Market demand for the United States Mint’s American Eagle and American Buffalo Gold Bullion Coins continues at a brisk pace.  While the one ounce gold bullion coins remain the most popular, demand for the one-tenth ounce coins has remained strong too, with year- to- date demand for these coins up over 118% compared to the same period last year.  Accordingly, the United States Mint has temporarily suspended sales of its one-tenth ounce gold bullion coins while inventories can be replenished.   
The United States Mint continues to offer its other 22 karat gold bullion coin options.  These include the American Eagle one ounce, one-half ounce and one-quarter ounce sizes.  Sufficient inventories of the 24 karat American Buffalo One Ounce Gold Bullion Coins also exist.