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Monday 5 October 2009

Gold - that's odd

Here's an odd story about gold sales in the USA, it comes via Theo Spark from Rico:
"I doubt very many people have noticed, apart from a handful of coin collectors, but the US Mint has 'temporarily suspended' production of 1oz silver and gold bullion coins.

...

I really had to admire the clarity of our Government's language on their website. Get a load of this:
- "production has been temporarily suspended because of unprecedented demand...the US Mint is required by public law to produce these coins in quantities sufficient to meet public demand..."

Did you get that? Due to demand, we had to halt production because the law requires us to meet demand."

Now why would demand for gold be increasing?

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