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US Mint bullion sale figures for June 2010

derrybderryb Posts: 36,795 ✭✭✭✭✭
in Precious Metals
For the month of June, the U.S. Mint sold 151,500 ounces of gold eagles in various sizes... 33,500 24-K gold buffaloes... and 3,001,000 silver eagles. Year-to-date... 673,000 ounces of gold eagles have been sold... 160,500 24-K gold buffaloes... along with 18,168,500 silver eagles. That gargantuan number in silver eagles represents virtually every ounce of silver that the U.S. has mined so far this year.

"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

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    with your note re silver, it would seem that it would be the buy of a life-time.



  • derrybderryb Posts: 36,795 ✭✭✭✭✭
    Entire post is a cut and paste from Ed Steer's (Casey Research) column.
    Silver might just be the buy of a lifetime!

    "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

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