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US Mint Eagle sales soar in Q1 2010

derrybderryb Posts: 36,795 ✭✭✭✭✭
in Precious Metals
"The U.S. Mint, which had obviously been withholding sales data for most of March, showed monstrous increases in sales of both gold and silver eagles. One ounce gold eagle sales jumped by 37,500 to end the month at 102,000. In silver eagles, the mint reported selling a gargantuan 1,481,000 to end March with total sales of 3,381,000. Year-to-date/end of quarter figures for both are as follows: One-ounce gold eagle sales... 271,000. Silver eagle sales... 9,023,500. The silver eagles sales for the first quarter of 2010 was the best single quarter ever in the history of silver eagles program... which started back in November of 1986... almost 25 years ago. "

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    At this rate .... no W ASE's any time soon.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • KUCHKUCH Posts: 1,186
    That's cause they're out of gold.
  • TomohawkTomohawk Posts: 667 ✭✭
    That's my fear, too, OPA.

    I'm a bit worried I might have to change my sig line soon.

    ASE Addict...but oh so poor!
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