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GAE coin sales rationed/halted?

Published:

Last Edited: August 18, 2008, 3:08 am

Making the rounds on the web...

http://apmexdealer.blogspot.com/2008/08/news-alert-us-mint-suspends-sales-of.html

http://mintnewsblog.blogspot.com/2008/08/gold-eagle-bullion-sales-suspended-by.html

This happened a few months back in SAEs:

http://online.wsj.com/article_email/SB121149011951015323-lMyQjAxMDI4MTIxMzQyOTMwWj.html

If you're in one of those "allocation" programs, consider taking delivery. If all you have is a receipt, then ... all you have is a receipt! Don't be like the schlubs who are catching all manner of headache (delays, fees, excuses) trying to get out of those Perth Mint silver certs and into the real thing.

Entry #152

Comments

1.
Rick GComment by Rick G - August 18, 2008, 9:16 am
Good advice t*t...this may be a good time to have the commodity in hand. I never really trusted those "we'll store it for you" deals. A lot of gold ownership is on paper alone...just like Fort Knox...lol

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