(gold) Coin Sales Fall; Is the Gold Rush Over?

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  tincup Posts: 5,487 ✭✭✭✭✭

  August 1, 2012 8:42AM

  Not sure it is 'fading' as they call it. I tend to think it is a wait and see for a bit... and see how the election shakes out this fall. Also, it appears we have finally had a more traditional summer where the metals are ignored until the fall. Other things to do right now.

  ----- kj

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  LindeDad Posts: 18,766 ✭✭✭✭✭

  August 1, 2012 9:02AM

  Could also be that buyers are being more market conscious as the margin over spot has not been adjusted very well by the mint. More buying from other sources at closer to current pricing.
  
  
  

  My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794

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  derryb Posts: 38,621 ✭✭✭✭✭

  August 1, 2012 11:30AM

  hasn't slowed down my purchases.

  "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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