US Mint Sells Out, Halts Sales of Fractional 1/10oz Gold Eagles!

*Breaking
The US Mint has just halted sales of fractional 1/10th oz gold eagles!  For now, sales continue for 1oz, 1/2 oz, and 1/4oz coins…although based on the fact that many wholesalers have already sold their next 2 months allocations forward and have now suspended sales, we suspect a complete halt for US mint gold and silver products is coming…and soon.

 

From Reuters:

The U.S. Mint has temporarily suspended sales of its one-tenth ounce American Eagle gold bullion coins because of inventory depletion due to strong demand, but continues to offer the one-ounce, one-half ounce and one-quarter ounce coins.

 

In a memo to its authorized purchases late Monday, the Mint said that gold coins sales in total ounces has been up more than 100 percent year to date over the same period last year.

 

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