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Endeavour Silver Corp. Message Board

  • beastinem beastinem Apr 23, 2013 6:21 PM Flag

    1/10th oz Gold Coins

    "The U.S. Mint announced that it is temporarily suspending the sale of one-tenth ounce American Eagle Gold Bullion Coins. The coin will go back on sale once inventories have been replenished. The Mint said that 85,000 one-tenth ounce coins were sold in April, the second strongest month for sales this year behind January. “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,” the Mint says in a statement. Although the one-tenth ounce coins are not available, The Mint continues to offer American Eagle Gold Bullion Coins in three other options – the one-ounce, one-half ounce and one-quarter ounce sizes."

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    • But we must realize it is not a supply problem yet.
      It is a production problem, mints didn't anticipate the demand.

      Sentiment: Strong Buy

    • I buy what I can, when I can and the long lines are in Asia for buying of the metals also...Some say the retail buying has no affect on prices. I can't get any Silver Eagles locally or at least I couldn't a couple weeks ago, which had never happened to me before. Last outing I was looking for half ounces also, but to no avail. It is the banks that control all. Whenever they want it to rise, they make it so? Is gold and silver in a bear market? I think they have certainly convinced plenty of people that is the case. I continue to believe in "sound money", but maybe my "hearing" isn't so good?

 
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