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To: TheStockFairy who wrote (151013)9/26/2008 5:50:41 PM
From: Smiling BobRespond to of 306849
 
US Mint suspends sale of 24-karat gold coins
Friday September 26, 2:57 pm ET
By Martin Crutsinger, AP Economics Writer
US Mint forced to suspend sales of American Buffalo 24-karat gold coins due to heavy demand

WASHINGTON (AP) -- The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence.

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Mint spokesman Michael White said Friday that the sales were being suspended because demand for the coins, which were first introduced in 2006, has exceeded supply and the Mint's inventory of the coins has been depleted.



To: TheStockFairy who wrote (151013)9/26/2008 6:05:06 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
If I really wanted a currency to hang on to, that's unlikely to be as abused as the dollar, I'd look at the Swissie. The Swiss tend to not run big deficits and are pretty careful with it. And it's kinda beaten down a bit (though it has been rebounding over the last week or two).

All IMHO, and I am the WORLD'S WORST FOREX TRADER.

Caveat emptor, ya'll!<G>


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