Money

Only when the last tree has died and the last river has been poisoned and the last fish been caught will we realize we cannot eat money. ~Cree Indian Proverb

Monday 10 December 2012

November US Mint Gold Eagle Sales Most in 14 Years


               Gold American Eagle coin sales (in ounces)
  Nov. 2012                     131,000
  Nov. 2011                      41,000
  Nov. 2010                     112,000
  Nov. 2009                     124,000
  Nov. 2008                     116,500
  Nov. 2007                      41,000
            Gold American Eagle coin sales (in ounces)
 Jan. 2012                   127,000
 February                     21,000
   March                      62,500
   April                      20,000
    May                       53,000
   June                       60,000
   July                       30,500
  August                      39,500
 September                    68,500
  October                     59,000
 November                    131,000

On 3rd of December, USA mint announced a huge increase in gold eagle sales, triple from one year ago at 131,000 oz.(November), most in 14 years.
In October, the mint reported 50,000 oz of gold sold, so all of a sudden demand picked up quite dramatically.  I also wonder why?

Btw, I have never come across gold eagle on sale in Malaysia; gold buffalo yes but not gold eagle? ...

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