Philip Nelson

Article: Governments can’t handle run on Gold Coins

This morning, I ran across this interesting article from the New York Post website.

Excerpt:

THERE’S a worldwide run on gold coins.

Even as the price of the precious metal itself comes under pressure along with commodities like oil and copper, people around the world are demanding so many of the valuable coins that government mints are having difficulty filling orders.

A spokesperson for the US Mint tells me that gold coins in this country, for the past month, “are being allocated because of an increased demand.”

To read the full article, click HERE