the us mint is currently sold out of gold eagle and buffalo coins. there have been times in the past when the mint took those coins off sale, when the price of gold went up, and they had to re-prce the coins before putting them on sale again.

this is different. their scheme to depress the price of gold and silver, instead of frightening investors into dumping their holdings, had spurred widespread demand for silver and gold at these bargain prices. so now the mint had to take their gold coins off sale because it doesn't want to sell them at these artificially low futures market prices.

in the end the market for physical metals will win out, and today's low prices will accelerate the process. the following comes from casey reserearch, showing unprecendented demand for gold:

John Reade at UBS” (A permanent gold bear - Ed) “also finds the situation unprecedented: ‘We had a long conversation with our physical gold specialist in Zurich yesterday as he wanted to update us on what had gone on in the market over the past few weeks. Erwin, who has traded our physical book for 20 years, reports that over the past two weeks our vault staff have been the busiest he can remember across his career, with demand for all types of gold from all sorts of clients. The only time we were as busy as this was in the first half of 2005, when rampant demand from India bought all the gold we could supply. Recent demand has been as strong as this, but more geographically spread: the Middle east, some parts of Europe and other Asia (ex-India) have also seen very good buying, with refiners struggling to supply their customer needs.’

http://caseyresearch.com/displayDrp....