Saturday, September 25, 2010

US Government has Depleted its Inventory of Gold?

Do you think there has been a bit of a demand for gold this year? Maybe just a little bit?

According to Casey Research, all coin dealers in the United States received this FAX, letting them know that the US Mint has depleted its inventory of 2010 American Buffalo One Ounce Gold Bullion Coins, and that no additional inventory will be made available. The FAX was just issued a couple days ago, on September 23, 2010.

I don't know if it is smart money, stupid money, or just plain money going into gold, but whatever it is, it is a lot of money.

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