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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: long-gone who wrote (78750)	10/22/2001 9:22:54 PM
From: FritzV	Read Replies (1) of 116753

Long.. If you want to make a fair comparison of Eagle sales, you'll have to compare to a few of the past years. Year 2000 is an unfair comparison since there was little need to buy from the mint.. The Y2Kr's were unloading last year. The same this year until the 911 terrorists.. There had been a real good supply of previous years, secondary market, coins abailable.. 911 came along and the physical supply dried up.. Not only Eagles but also KR and ML. Premiums also went up rite after 911. Prior to 911 physical bullion coins have been available at real bargain prices. Then for a month or so they've been pretty much based on the cost from the mints.. Now in the last week or so, there seems to be a lessening of the demand and bargain/lower premiums are coming back. If there are no more real scary happenings, you'll probably see record low sales of 2001 dated Gold Eagles for the months of Nov. and Dec. Fritz

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