First - The Bad News.

We just received word, the US Mint has suspended sales of the 1 oz Gold American Eagles until further notice and are not accepting new orders from precious metals dealers. This is in addition to the shortage of 1 oz Silver American Eagles.

This comes at a time when many investors around the nation are scrambling to locate silver bullion and US gold coins while prices are attractively low. These low prices seem to be one of the driving factors in this recent shortage, as investor demand has dramatically increased.

Now, The Good News.

AMPEX still has very limited quantities of the 2008 - 1 oz Gold American Eagles in stock in stock and ready for immediate shipment to our customers. If you have recently placed and order with us, you can be confident your items have been reserved for you, set aside and are awaiting your shipment date.

For the time being, fractional gold (1/10 oz, ¼ oz and ½ oz Gold American Eagles) remain unaffected by the shortage. APMEX customers are encouraged to take advantage of the low spot prices by purchasing the following items currently in stock and ready for immediate shipment.

Gold Investors:

• 2008 1 oz Gold Maple Leafs – very limited supply
• 2008 1 oz Gold American Eagles – very limited supply
• 1 oz Credit Suisse Bars – very limited supply
  

Silver Investors:

• 2008 Silver Maple Leafs – priced the same as the 2008 Silver American Eagles
• 90% Bag Silver Coins – roughly 712 oz of pure silver