stoje_i_patrze
18.11.08, 15:56
Govt can't handle global run on gold coins - NY Post
NY Post reports there's a worldwide run on gold coins. Even as the price of
the precious metal itself comes under pressure along with commodities like oil
and copper, people around the world are demanding so many of the valuable
coins that government mints are having difficulty filling orders. A
spokesperson for the US Mint tells me that gold coins in this country, for the
past month, "are being allocated because of an increased demand." And the
price that the government charges coin dealers has recently been increased by
as much as 10 percent for a 10-ounce coin... Even when gold coins are
available, dealers report that customers are paying a bigger premium than they
would have just a few months ago.