SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (730)2/17/2000 4:39:00 PM
From: Robert J Mullenbach  Read Replies (2) | Respond to of 1612
 
Gold Coin Sales in U.S. Reach Record Level in 1999

NEW YORK--(BUSINESS WIRE)--Feb. 17, 2000--Gold bullion coin sales in the U.S.
reached their highest level in 1999 since individual ownership was legalized in 1975,
according to the World Gold Council's report Gold Demand Trends, published today.

In a year when gold demand worldwide rose by more than 20% to reach new record levels,
sales of newly-minted gold bullion coins in 1999 in the U.S. reached 2.8 million ounces (86.7 metric tons), 15%
above the
previous record set in 1998(a). U.S. sales alone accounted for roughly 90% of the world's gold bullion coin sales.
The
following factors contributed to the high U.S. demand:

- fear of a significant stock market setback - the desire of investors to own tangible assets as part of their

portfolio mix - the perception that there was

biz.yahoo.com

I change that to read, I wish I knew then, what I know, about the 3 per share.

LOL. have a good one