Le Metropole Members, > > U.S. mint suspends gold coin sales; futures price is a fiction > > Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches > 12:25a ET Friday, August 15, 2008 > > Dear Friend of GATA and Gold: > > The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday. > > The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited. > > Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado. > > The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets. > > Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday: > > "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim." > > That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less. > > You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it. > > CHRIS POWELL, Secretary/Treasurer > Gold Anti-Trust Action Committee Inc. > > * * * > > Join GATA here: > > Hard Assets Investment Conference > Tuesday-Wednesday, September 9-10, 2008 > Mandalay Bay Resort and Casino, Las Vegas, Nevada > www.iiconf.com/ > > Silver Summit > Thursday-Friday, September 18-19, 2008 > Best Western Coeur d'Alene Inn > Coeur d'Alene, Idaho > thesilversummit.com/ > > New Orleans Investment Conference > Thursday-Monday, November 13-18, 2008 > New Orleans Marriott Hotel > www.neworleansconferen.../ > > * * * > > Help Keep GATA Going > > GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/. > Contact GATA > info@gata.org > > Gold Anti-Trust Action Committee > 7 Villa Louisa Road > Manchester, Connecticut > 06043-7541 USA > > > www.gata.org/ > > > Recommended Sites
> > Recommended Gold & Bullion Dealers > Coin and precious metals dealers who have supported GATA > and been recommended by our members: > > Blanchard & Co. Inc. > 909 Poydras St., Suite 1900 > New Orleans, Louisiana 70112 > 888-413-4653 > www.blanchardonline.co.../ > > Centennial Precious Metals > Box 460009 > Denver, Colorado 80246-0009 > 1-800-869-5115 > www.usagold.com/ > Michael Kosares, Proprietor > cpm@usagold.com > > Colorado Gold > 222 South 5th St. > Montrose, Colorado 81401 > www.coloradogold.com/ > Don Stott, Proprietor > 1-888-786-8822 > Gold@gwe.net > > El Dorado Discount Gold > 13014 North Dale Mabry Highway > Suite 133 > Tampa, Florida 33618 > 623-643-8785 > www.eldoradogold.net/ > Contact: Eric Levenson > eric@eldoradogold.net > > Gold & Silver Investments Ltd. > 63 Fitzwilliam Square > Dublin 2, Ireland > ...and > Tower 42, Level 7 > 25 Old Broad St. > London, EC2N 1HN > United Kingdom > Local Call Ireland: 1-850-GOLD-IE > UK phone: +44 (0) 207-060-4653 > International: +353 1-632-5010 > Fax: +353-1-6619664 > www.gold.ie/ > > GoldMoney > Net Transactions Ltd. > ASL House > 12-14 David Place > St. Helier, Jersey JE2 4TD > Channel Islands, UK > International: +44-1534-760-133 > GoldMoney.com > > Investment Rarities Inc. > 7850 Metro Parkway > Minneapolis, Minnesota 55425 > www.gloomdoom.com/ > Greg Westgaard, Sales Manager > 1-800-328-1860, Ext. 8889 > gwestgaard@investmentr... > > Jaxville Gold and Silver Trading Co. > 4901-48 St. > Parkland Square, Lower Mall > Red Deer, Alberta, Canada > www.jaxville.com/ > Jack Fortin, Owner and Operator > 403-346-5266 > auric@telus.net > > Kitco > 178 West Service Road > Champlain, N.Y. 12919 > Toll Free:1-877-775-4826 > Fax: 518-298-3457 > ...and > 620 Cathcart, Suite 900 > Montreal, Quebec H3B 1M1 > Canada > Toll-free:1-800-363-70... > Fax: 514-875-6484 > www.kitco.com/ > > Lee Certified Coins > P.O. Box 1045 > 454 Daniel Webster Highway > Merrimack, New Hampshire 03054 > www.certifiedcoins.com/ > Ed Lee, Proprietor > 1-800-835-6000 > leecoins@aol.com > > MRCS Canada > 12303-118 Ave. NW > Edmonton, Alberta T5L 2K2 > Canada > www.mrcscanada.com/ > Michael Riedel, Proprietor > 1-877-TRY-MRCS > 1-877-879-6727 > mrcscanada@shaw.ca > > Miles Franklin Ltd. > 1001 Twelve Oaks Center Drive > Suite 1028 > Wayzata, MN 55391 > 1-800-822-8080 > www.milesfranklin.com/ > Contacts: David Schectman, > Andy Schectman, and Bob Sichel > > Missouri Coin Co. > 11742 Manchester Road > St. Louis, MO 63131-4614 > info@mocoin.com > 314-965-9797 > 1-800-280-9797 > www.mocoin.com/ > > Resource Consultants Inc. > 6139 South Rural Road > Suite 103 > Tempe, Arizona 85283-2929 > Pat Gorman, Proprietor > 1-800-494-4149, 480-820-5877 > Metalguys@aol.com > www.buysilvernow.com/ > > Silver Trading Co. > 445 Montgomery St. > PO Box 876 > Shreveport, Louisiana 71107 > Larry LaBorde, Proprietor > 318-470-7291 > LLaBord@silvertrading.... > www.silvertrading.net/ > > Swiss America Trading Corp. > 15018 North Tatum Blvd. > Phoenix, Arizona 85032 > www.swissamerica.com/ > Dr. Fred I. Goldstein, Senior Broker > 1-800-BUY-COIN > FiGoldstein@swissameri... > > The Moneychanger > Box 178 > Westpoint, Tennessee 38486 > www.the-moneychanger.c.../ > Franklin Sanders > 1-888-218-9226, 931-766-6066
You Can Get on the Gold Train and Ride the Dollar [View article]
Le Metropole Members, > > U.S. mint suspends gold coin sales; futures price is a fiction > > Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches > 12:25a ET Friday, August 15, 2008 > > Dear Friend of GATA and Gold: > > The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday. > > The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited. > > Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado. > > The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets. > > Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday: > > "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim." > > That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less. > > You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it. > > CHRIS POWELL, Secretary/Treasurer > Gold Anti-Trust Action Committee Inc. > > * * * > > Join GATA here: > > Hard Assets Investment Conference > Tuesday-Wednesday, September 9-10, 2008 > Mandalay Bay Resort and Casino, Las Vegas, Nevada > www.iiconf.com/ > > Silver Summit > Thursday-Friday, September 18-19, 2008 > Best Western Coeur d'Alene Inn > Coeur d'Alene, Idaho > thesilversummit.com/ > > New Orleans Investment Conference > Thursday-Monday, November 13-18, 2008 > New Orleans Marriott Hotel > www.neworleansconferen.../ > > * * * > > Help Keep GATA Going > > GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/. > Contact GATA > info@gata.org > > Gold Anti-Trust Action Committee > 7 Villa Louisa Road > Manchester, Connecticut > 06043-7541 USA > > > www.gata.org/ > > > Recommended Sites
> > Recommended Gold & Bullion Dealers > Coin and precious metals dealers who have supported GATA > and been recommended by our members: > > Blanchard & Co. Inc. > 909 Poydras St., Suite 1900 > New Orleans, Louisiana 70112 > 888-413-4653 > www.blanchardonline.co.../ > > Centennial Precious Metals > Box 460009 > Denver, Colorado 80246-0009 > 1-800-869-5115 > www.usagold.com/ > Michael Kosares, Proprietor > cpm@usagold.com > > Colorado Gold > 222 South 5th St. > Montrose, Colorado 81401 > www.coloradogold.com/ > Don Stott, Proprietor > 1-888-786-8822 > Gold@gwe.net > > El Dorado Discount Gold > 13014 North Dale Mabry Highway > Suite 133 > Tampa, Florida 33618 > 623-643-8785 > www.eldoradogold.net/ > Contact: Eric Levenson > eric@eldoradogold.net > > Gold & Silver Investments Ltd. > 63 Fitzwilliam Square > Dublin 2, Ireland > ...and > Tower 42, Level 7 > 25 Old Broad St. > London, EC2N 1HN > United Kingdom > Local Call Ireland: 1-850-GOLD-IE > UK phone: +44 (0) 207-060-4653 > International: +353 1-632-5010 > Fax: +353-1-6619664 > www.gold.ie/ > > GoldMoney > Net Transactions Ltd. > ASL House > 12-14 David Place > St. Helier, Jersey JE2 4TD > Channel Islands, UK > International: +44-1534-760-133 > GoldMoney.com > > Investment Rarities Inc. > 7850 Metro Parkway > Minneapolis, Minnesota 55425 > www.gloomdoom.com/ > Greg Westgaard, Sales Manager > 1-800-328-1860, Ext. 8889 > gwestgaard@investmentr... > > Jaxville Gold and Silver Trading Co. > 4901-48 St. > Parkland Square, Lower Mall > Red Deer, Alberta, Canada > www.jaxville.com/ > Jack Fortin, Owner and Operator > 403-346-5266 > auric@telus.net > > Kitco > 178 West Service Road > Champlain, N.Y. 12919 > Toll Free:1-877-775-4826 > Fax: 518-298-3457 > ...and > 620 Cathcart, Suite 900 > Montreal, Quebec H3B 1M1 > Canada > Toll-free:1-800-363-70... > Fax: 514-875-6484 > www.kitco.com/ > > Lee Certified Coins > P.O. Box 1045 > 454 Daniel Webster Highway > Merrimack, New Hampshire 03054 > www.certifiedcoins.com/ > Ed Lee, Proprietor > 1-800-835-6000 > leecoins@aol.com > > MRCS Canada > 12303-118 Ave. NW > Edmonton, Alberta T5L 2K2 > Canada > www.mrcscanada.com/ > Michael Riedel, Proprietor > 1-877-TRY-MRCS > 1-877-879-6727 > mrcscanada@shaw.ca > > Miles Franklin Ltd. > 1001 Twelve Oaks Center Drive > Suite 1028 > Wayzata, MN 55391 > 1-800-822-8080 > www.milesfranklin.com/ > Contacts: David Schectman, > Andy Schectman, and Bob Sichel > > Missouri Coin Co. > 11742 Manchester Road > St. Louis, MO 63131-4614 > info@mocoin.com > 314-965-9797 > 1-800-280-9797 > www.mocoin.com/ > > Resource Consultants Inc. > 6139 South Rural Road > Suite 103 > Tempe, Arizona 85283-2929 > Pat Gorman, Proprietor > 1-800-494-4149, 480-820-5877 > Metalguys@aol.com > www.buysilvernow.com/ > > Silver Trading Co. > 445 Montgomery St. > PO Box 876 > Shreveport, Louisiana 71107 > Larry LaBorde, Proprietor > 318-470-7291 > LLaBord@silvertrading.... > www.silvertrading.net/ > > Swiss America Trading Corp. > 15018 North Tatum Blvd. > Phoenix, Arizona 85032 > www.swissamerica.com/ > Dr. Fred I. Goldstein, Senior Broker > 1-800-BUY-COIN > FiGoldstein@swissameri... > > The Moneychanger > Box 178 > Westpoint, Tennessee 38486 > www.the-moneychanger.c.../ > Franklin Sanders > 1-888-218-9226, 931-766-6066
Le Metropole Members, > > U.S. mint suspends gold coin sales; futures price is a fiction > > Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches > 12:25a ET Friday, August 15, 2008 > > Dear Friend of GATA and Gold: > > The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday. > > The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited. > > Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado. > > The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets. > > Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday: > > "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim." > > That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less. > > You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it. > > CHRIS POWELL, Secretary/Treasurer > Gold Anti-Trust Action Committee Inc. > > * * * > > Join GATA here: > > Hard Assets Investment Conference > Tuesday-Wednesday, September 9-10, 2008 > Mandalay Bay Resort and Casino, Las Vegas, Nevada > www.iiconf.com/ > > Silver Summit > Thursday-Friday, September 18-19, 2008 > Best Western Coeur d'Alene Inn > Coeur d'Alene, Idaho > thesilversummit.com/ > > New Orleans Investment Conference > Thursday-Monday, November 13-18, 2008 > New Orleans Marriott Hotel > www.neworleansconferen.../ > > * * * > > Help Keep GATA Going > > GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/. > Contact GATA > info@gata.org > > Gold Anti-Trust Action Committee > 7 Villa Louisa Road > Manchester, Connecticut > 06043-7541 USA > > > www.gata.org/ > > > Recommended Sites
> > Recommended Gold & Bullion Dealers > Coin and precious metals dealers who have supported GATA > and been recommended by our members: > > Blanchard & Co. Inc. > 909 Poydras St., Suite 1900 > New Orleans, Louisiana 70112 > 888-413-4653 > www.blanchardonline.co.../ > > Centennial Precious Metals > Box 460009 > Denver, Colorado 80246-0009 > 1-800-869-5115 > www.usagold.com/ > Michael Kosares, Proprietor > cpm@usagold.com > > Colorado Gold > 222 South 5th St. > Montrose, Colorado 81401 > www.coloradogold.com/ > Don Stott, Proprietor > 1-888-786-8822 > Gold@gwe.net > > El Dorado Discount Gold > 13014 North Dale Mabry Highway > Suite 133 > Tampa, Florida 33618 > 623-643-8785 > www.eldoradogold.net/ > Contact: Eric Levenson > eric@eldoradogold.net > > Gold & Silver Investments Ltd. > 63 Fitzwilliam Square > Dublin 2, Ireland > ...and > Tower 42, Level 7 > 25 Old Broad St. > London, EC2N 1HN > United Kingdom > Local Call Ireland: 1-850-GOLD-IE > UK phone: +44 (0) 207-060-4653 > International: +353 1-632-5010 > Fax: +353-1-6619664 > www.gold.ie/ > > GoldMoney > Net Transactions Ltd. > ASL House > 12-14 David Place > St. Helier, Jersey JE2 4TD > Channel Islands, UK > International: +44-1534-760-133 > GoldMoney.com > > Investment Rarities Inc. > 7850 Metro Parkway > Minneapolis, Minnesota 55425 > www.gloomdoom.com/ > Greg Westgaard, Sales Manager > 1-800-328-1860, Ext. 8889 > gwestgaard@investmentr... > > Jaxville Gold and Silver Trading Co. > 4901-48 St. > Parkland Square, Lower Mall > Red Deer, Alberta, Canada > www.jaxville.com/ > Jack Fortin, Owner and Operator > 403-346-5266 > auric@telus.net > > Kitco > 178 West Service Road > Champlain, N.Y. 12919 > Toll Free:1-877-775-4826 > Fax: 518-298-3457 > ...and > 620 Cathcart, Suite 900 > Montreal, Quebec H3B 1M1 > Canada > Toll-free:1-800-363-70... > Fax: 514-875-6484 > www.kitco.com/ > > Lee Certified Coins > P.O. Box 1045 > 454 Daniel Webster Highway > Merrimack, New Hampshire 03054 > www.certifiedcoins.com/ > Ed Lee, Proprietor > 1-800-835-6000 > leecoins@aol.com > > MRCS Canada > 12303-118 Ave. NW > Edmonton, Alberta T5L 2K2 > Canada > www.mrcscanada.com/ > Michael Riedel, Proprietor > 1-877-TRY-MRCS > 1-877-879-6727 > mrcscanada@shaw.ca > > Miles Franklin Ltd. > 1001 Twelve Oaks Center Drive > Suite 1028 > Wayzata, MN 55391 > 1-800-822-8080 > www.milesfranklin.com/ > Contacts: David Schectman, > Andy Schectman, and Bob Sichel > > Missouri Coin Co. > 11742 Manchester Road > St. Louis, MO 63131-4614 > info@mocoin.com > 314-965-9797 > 1-800-280-9797 > www.mocoin.com/ > > Resource Consultants Inc. > 6139 South Rural Road > Suite 103 > Tempe, Arizona 85283-2929 > Pat Gorman, Proprietor > 1-800-494-4149, 480-820-5877 > Metalguys@aol.com > www.buysilvernow.com/ > > Silver Trading Co. > 445 Montgomery St. > PO Box 876 > Shreveport, Louisiana 71107 > Larry LaBorde, Proprietor > 318-470-7291 > LLaBord@silvertrading.... > www.silvertrading.net/ > > Swiss America Trading Corp. > 15018 North Tatum Blvd. > Phoenix, Arizona 85032 > www.swissamerica.com/ > Dr. Fred I. Goldstein, Senior Broker > 1-800-BUY-COIN > FiGoldstein@swissameri... > > The Moneychanger > Box 178 > Westpoint, Tennessee 38486 > www.the-moneychanger.c.../ > Franklin Sanders > 1-888-218-9226, 931-766-6066
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Latest | Highest ratedBear Market Gold [View article]
>
> U.S. mint suspends gold coin sales; futures price is a fiction
>
> Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches
> 12:25a ET Friday, August 15, 2008
>
> Dear Friend of GATA and Gold:
>
> The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday.
>
> The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited.
>
> Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado.
>
> The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets.
>
> Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday:
>
> "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim."
>
> That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less.
>
> You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it.
>
> CHRIS POWELL, Secretary/Treasurer
> Gold Anti-Trust Action Committee Inc.
>
> * * *
>
> Join GATA here:
>
> Hard Assets Investment Conference
> Tuesday-Wednesday, September 9-10, 2008
> Mandalay Bay Resort and Casino, Las Vegas, Nevada
> www.iiconf.com/
>
> Silver Summit
> Thursday-Friday, September 18-19, 2008
> Best Western Coeur d'Alene Inn
> Coeur d'Alene, Idaho
> thesilversummit.com/
>
> New Orleans Investment Conference
> Thursday-Monday, November 13-18, 2008
> New Orleans Marriott Hotel
> www.neworleansconferen.../
>
> * * *
>
> Help Keep GATA Going
>
> GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/.
> Contact GATA
> info@gata.org
>
> Gold Anti-Trust Action Committee
> 7 Villa Louisa Road
> Manchester, Connecticut
> 06043-7541 USA
>
>
> www.gata.org/
>
>
> Recommended Sites
>
> Recommended Gold & Bullion Dealers
> Coin and precious metals dealers who have supported GATA
> and been recommended by our members:
>
> Blanchard & Co. Inc.
> 909 Poydras St., Suite 1900
> New Orleans, Louisiana 70112
> 888-413-4653
> www.blanchardonline.co.../
>
> Centennial Precious Metals
> Box 460009
> Denver, Colorado 80246-0009
> 1-800-869-5115
> www.usagold.com/
> Michael Kosares, Proprietor
> cpm@usagold.com
>
> Colorado Gold
> 222 South 5th St.
> Montrose, Colorado 81401
> www.coloradogold.com/
> Don Stott, Proprietor
> 1-888-786-8822
> Gold@gwe.net
>
> El Dorado Discount Gold
> 13014 North Dale Mabry Highway
> Suite 133
> Tampa, Florida 33618
> 623-643-8785
> www.eldoradogold.net/
> Contact: Eric Levenson
> eric@eldoradogold.net
>
> Gold & Silver Investments Ltd.
> 63 Fitzwilliam Square
> Dublin 2, Ireland
> ...and
> Tower 42, Level 7
> 25 Old Broad St.
> London, EC2N 1HN
> United Kingdom
> Local Call Ireland: 1-850-GOLD-IE
> UK phone: +44 (0) 207-060-4653
> International: +353 1-632-5010
> Fax: +353-1-6619664
> www.gold.ie/
>
> GoldMoney
> Net Transactions Ltd.
> ASL House
> 12-14 David Place
> St. Helier, Jersey JE2 4TD
> Channel Islands, UK
> International: +44-1534-760-133
> GoldMoney.com
>
> Investment Rarities Inc.
> 7850 Metro Parkway
> Minneapolis, Minnesota 55425
> www.gloomdoom.com/
> Greg Westgaard, Sales Manager
> 1-800-328-1860, Ext. 8889
> gwestgaard@investmentr...
>
> Jaxville Gold and Silver Trading Co.
> 4901-48 St.
> Parkland Square, Lower Mall
> Red Deer, Alberta, Canada
> www.jaxville.com/
> Jack Fortin, Owner and Operator
> 403-346-5266
> auric@telus.net
>
> Kitco
> 178 West Service Road
> Champlain, N.Y. 12919
> Toll Free:1-877-775-4826
> Fax: 518-298-3457
> ...and
> 620 Cathcart, Suite 900
> Montreal, Quebec H3B 1M1
> Canada
> Toll-free:1-800-363-70...
> Fax: 514-875-6484
> www.kitco.com/
>
> Lee Certified Coins
> P.O. Box 1045
> 454 Daniel Webster Highway
> Merrimack, New Hampshire 03054
> www.certifiedcoins.com/
> Ed Lee, Proprietor
> 1-800-835-6000
> leecoins@aol.com
>
> MRCS Canada
> 12303-118 Ave. NW
> Edmonton, Alberta T5L 2K2
> Canada
> www.mrcscanada.com/
> Michael Riedel, Proprietor
> 1-877-TRY-MRCS
> 1-877-879-6727
> mrcscanada@shaw.ca
>
> Miles Franklin Ltd.
> 1001 Twelve Oaks Center Drive
> Suite 1028
> Wayzata, MN 55391
> 1-800-822-8080
> www.milesfranklin.com/
> Contacts: David Schectman,
> Andy Schectman, and Bob Sichel
>
> Missouri Coin Co.
> 11742 Manchester Road
> St. Louis, MO 63131-4614
> info@mocoin.com
> 314-965-9797
> 1-800-280-9797
> www.mocoin.com/
>
> Resource Consultants Inc.
> 6139 South Rural Road
> Suite 103
> Tempe, Arizona 85283-2929
> Pat Gorman, Proprietor
> 1-800-494-4149, 480-820-5877
> Metalguys@aol.com
> www.buysilvernow.com/
>
> Silver Trading Co.
> 445 Montgomery St.
> PO Box 876
> Shreveport, Louisiana 71107
> Larry LaBorde, Proprietor
> 318-470-7291
> LLaBord@silvertrading....
> www.silvertrading.net/
>
> Swiss America Trading Corp.
> 15018 North Tatum Blvd.
> Phoenix, Arizona 85032
> www.swissamerica.com/
> Dr. Fred I. Goldstein, Senior Broker
> 1-800-BUY-COIN
> FiGoldstein@swissameri...
>
> The Moneychanger
> Box 178
> Westpoint, Tennessee 38486
> www.the-moneychanger.c.../
> Franklin Sanders
> 1-888-218-9226, 931-766-6066
You Can Get on the Gold Train and Ride the Dollar [View article]
>
> U.S. mint suspends gold coin sales; futures price is a fiction
>
> Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches
> 12:25a ET Friday, August 15, 2008
>
> Dear Friend of GATA and Gold:
>
> The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday.
>
> The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited.
>
> Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado.
>
> The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets.
>
> Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday:
>
> "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim."
>
> That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less.
>
> You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it.
>
> CHRIS POWELL, Secretary/Treasurer
> Gold Anti-Trust Action Committee Inc.
>
> * * *
>
> Join GATA here:
>
> Hard Assets Investment Conference
> Tuesday-Wednesday, September 9-10, 2008
> Mandalay Bay Resort and Casino, Las Vegas, Nevada
> www.iiconf.com/
>
> Silver Summit
> Thursday-Friday, September 18-19, 2008
> Best Western Coeur d'Alene Inn
> Coeur d'Alene, Idaho
> thesilversummit.com/
>
> New Orleans Investment Conference
> Thursday-Monday, November 13-18, 2008
> New Orleans Marriott Hotel
> www.neworleansconferen.../
>
> * * *
>
> Help Keep GATA Going
>
> GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/.
> Contact GATA
> info@gata.org
>
> Gold Anti-Trust Action Committee
> 7 Villa Louisa Road
> Manchester, Connecticut
> 06043-7541 USA
>
>
> www.gata.org/
>
>
> Recommended Sites
>
> Recommended Gold & Bullion Dealers
> Coin and precious metals dealers who have supported GATA
> and been recommended by our members:
>
> Blanchard & Co. Inc.
> 909 Poydras St., Suite 1900
> New Orleans, Louisiana 70112
> 888-413-4653
> www.blanchardonline.co.../
>
> Centennial Precious Metals
> Box 460009
> Denver, Colorado 80246-0009
> 1-800-869-5115
> www.usagold.com/
> Michael Kosares, Proprietor
> cpm@usagold.com
>
> Colorado Gold
> 222 South 5th St.
> Montrose, Colorado 81401
> www.coloradogold.com/
> Don Stott, Proprietor
> 1-888-786-8822
> Gold@gwe.net
>
> El Dorado Discount Gold
> 13014 North Dale Mabry Highway
> Suite 133
> Tampa, Florida 33618
> 623-643-8785
> www.eldoradogold.net/
> Contact: Eric Levenson
> eric@eldoradogold.net
>
> Gold & Silver Investments Ltd.
> 63 Fitzwilliam Square
> Dublin 2, Ireland
> ...and
> Tower 42, Level 7
> 25 Old Broad St.
> London, EC2N 1HN
> United Kingdom
> Local Call Ireland: 1-850-GOLD-IE
> UK phone: +44 (0) 207-060-4653
> International: +353 1-632-5010
> Fax: +353-1-6619664
> www.gold.ie/
>
> GoldMoney
> Net Transactions Ltd.
> ASL House
> 12-14 David Place
> St. Helier, Jersey JE2 4TD
> Channel Islands, UK
> International: +44-1534-760-133
> GoldMoney.com
>
> Investment Rarities Inc.
> 7850 Metro Parkway
> Minneapolis, Minnesota 55425
> www.gloomdoom.com/
> Greg Westgaard, Sales Manager
> 1-800-328-1860, Ext. 8889
> gwestgaard@investmentr...
>
> Jaxville Gold and Silver Trading Co.
> 4901-48 St.
> Parkland Square, Lower Mall
> Red Deer, Alberta, Canada
> www.jaxville.com/
> Jack Fortin, Owner and Operator
> 403-346-5266
> auric@telus.net
>
> Kitco
> 178 West Service Road
> Champlain, N.Y. 12919
> Toll Free:1-877-775-4826
> Fax: 518-298-3457
> ...and
> 620 Cathcart, Suite 900
> Montreal, Quebec H3B 1M1
> Canada
> Toll-free:1-800-363-70...
> Fax: 514-875-6484
> www.kitco.com/
>
> Lee Certified Coins
> P.O. Box 1045
> 454 Daniel Webster Highway
> Merrimack, New Hampshire 03054
> www.certifiedcoins.com/
> Ed Lee, Proprietor
> 1-800-835-6000
> leecoins@aol.com
>
> MRCS Canada
> 12303-118 Ave. NW
> Edmonton, Alberta T5L 2K2
> Canada
> www.mrcscanada.com/
> Michael Riedel, Proprietor
> 1-877-TRY-MRCS
> 1-877-879-6727
> mrcscanada@shaw.ca
>
> Miles Franklin Ltd.
> 1001 Twelve Oaks Center Drive
> Suite 1028
> Wayzata, MN 55391
> 1-800-822-8080
> www.milesfranklin.com/
> Contacts: David Schectman,
> Andy Schectman, and Bob Sichel
>
> Missouri Coin Co.
> 11742 Manchester Road
> St. Louis, MO 63131-4614
> info@mocoin.com
> 314-965-9797
> 1-800-280-9797
> www.mocoin.com/
>
> Resource Consultants Inc.
> 6139 South Rural Road
> Suite 103
> Tempe, Arizona 85283-2929
> Pat Gorman, Proprietor
> 1-800-494-4149, 480-820-5877
> Metalguys@aol.com
> www.buysilvernow.com/
>
> Silver Trading Co.
> 445 Montgomery St.
> PO Box 876
> Shreveport, Louisiana 71107
> Larry LaBorde, Proprietor
> 318-470-7291
> LLaBord@silvertrading....
> www.silvertrading.net/
>
> Swiss America Trading Corp.
> 15018 North Tatum Blvd.
> Phoenix, Arizona 85032
> www.swissamerica.com/
> Dr. Fred I. Goldstein, Senior Broker
> 1-800-BUY-COIN
> FiGoldstein@swissameri...
>
> The Moneychanger
> Box 178
> Westpoint, Tennessee 38486
> www.the-moneychanger.c.../
> Franklin Sanders
> 1-888-218-9226, 931-766-6066
Gold Bulls Predictably Sucked In [View article]
>
> U.S. mint suspends gold coin sales; futures price is a fiction
>
> Submitted by cpowell on 09:27PM ET Thursday, August 14, 2008. Section: Daily Dispatches
> 12:25a ET Friday, August 15, 2008
>
> Dear Friend of GATA and Gold:
>
> The U.S. Mint has suspended sales of American Eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday.
>
> The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited.
>
> Word of the mint's suspension of gold coin sales came from the American Precious Metals Exchange in Edmond, Oklahoma, (apmexdealer.blogspot.c...) and from Centennial Precious Metals in Denver, Colorado.
>
> The suspension is overwhelming evidence that the futures contract price of gold on the commodities exchanges is substantially below the physical market price and that, indeed, the commodities exchanges are being used as GATA long has maintained -- as part of a massive scheme of manipulation of the precious metals, currency, and bond markets.
>
> Michael Kosares, proprietor of Centennial Precious Metals and host of its Internet bulletin board, the USAGold Forum (www.usagold.com/cpmfor.../), explained Thursday:
>
> "The U.S. Mint buys direct from the refiners, and this suspension of gold eagle sales may be an indication that the supply line is already backing up, or that the mint expects that it will back up for the rest of the year. I wonder who would give up physical metal at these prices and under these circumstances except distressed sellers. The central banks are in a hunker-down mode as far as I can determine, and it's the mines that supply the refiners. So if the mint, which buys from the refiners, is having a difficult time locating metal, what does that tell you? I keep saying that we may get a surprising rubber-band effect later in the year when the pre-holiday/festival season kicks off in September/October. It may happen sooner. One of our indicators of approaching a bottom in gold is how many calls Centennial Precious Metals gets from our U.S.-based Indian clientele. Here's a quote from my office's report to me at the end of the day today: 'Today was a good day. ... There must have been an Indian convention where someone was handing out USAGold business cards.' That may give you a clue as to thinking in India proper and probably the rest of the Asian rim."
>
> That is, through their agents the bullion banks the Western central banks, desperate to prop up a corrupt and totteringt financial system, have put gold so much on sale that even the U.S. Mint can't find any now. The price reported from the commodities markets is a fiction -- a scary one, perhaps, but a fiction no less.
>
> You can strike a blow at the market riggers who are defrauding the world -- just buy a little real metal. The dealers listed at the bottom right of this dispatch will be glad to help you do it.
>
> CHRIS POWELL, Secretary/Treasurer
> Gold Anti-Trust Action Committee Inc.
>
> * * *
>
> Join GATA here:
>
> Hard Assets Investment Conference
> Tuesday-Wednesday, September 9-10, 2008
> Mandalay Bay Resort and Casino, Las Vegas, Nevada
> www.iiconf.com/
>
> Silver Summit
> Thursday-Friday, September 18-19, 2008
> Best Western Coeur d'Alene Inn
> Coeur d'Alene, Idaho
> thesilversummit.com/
>
> New Orleans Investment Conference
> Thursday-Monday, November 13-18, 2008
> New Orleans Marriott Hotel
> www.neworleansconferen.../
>
> * * *
>
> Help Keep GATA Going
>
> GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.gata.org/.
> Contact GATA
> info@gata.org
>
> Gold Anti-Trust Action Committee
> 7 Villa Louisa Road
> Manchester, Connecticut
> 06043-7541 USA
>
>
> www.gata.org/
>
>
> Recommended Sites
>
> Recommended Gold & Bullion Dealers
> Coin and precious metals dealers who have supported GATA
> and been recommended by our members:
>
> Blanchard & Co. Inc.
> 909 Poydras St., Suite 1900
> New Orleans, Louisiana 70112
> 888-413-4653
> www.blanchardonline.co.../
>
> Centennial Precious Metals
> Box 460009
> Denver, Colorado 80246-0009
> 1-800-869-5115
> www.usagold.com/
> Michael Kosares, Proprietor
> cpm@usagold.com
>
> Colorado Gold
> 222 South 5th St.
> Montrose, Colorado 81401
> www.coloradogold.com/
> Don Stott, Proprietor
> 1-888-786-8822
> Gold@gwe.net
>
> El Dorado Discount Gold
> 13014 North Dale Mabry Highway
> Suite 133
> Tampa, Florida 33618
> 623-643-8785
> www.eldoradogold.net/
> Contact: Eric Levenson
> eric@eldoradogold.net
>
> Gold & Silver Investments Ltd.
> 63 Fitzwilliam Square
> Dublin 2, Ireland
> ...and
> Tower 42, Level 7
> 25 Old Broad St.
> London, EC2N 1HN
> United Kingdom
> Local Call Ireland: 1-850-GOLD-IE
> UK phone: +44 (0) 207-060-4653
> International: +353 1-632-5010
> Fax: +353-1-6619664
> www.gold.ie/
>
> GoldMoney
> Net Transactions Ltd.
> ASL House
> 12-14 David Place
> St. Helier, Jersey JE2 4TD
> Channel Islands, UK
> International: +44-1534-760-133
> GoldMoney.com
>
> Investment Rarities Inc.
> 7850 Metro Parkway
> Minneapolis, Minnesota 55425
> www.gloomdoom.com/
> Greg Westgaard, Sales Manager
> 1-800-328-1860, Ext. 8889
> gwestgaard@investmentr...
>
> Jaxville Gold and Silver Trading Co.
> 4901-48 St.
> Parkland Square, Lower Mall
> Red Deer, Alberta, Canada
> www.jaxville.com/
> Jack Fortin, Owner and Operator
> 403-346-5266
> auric@telus.net
>
> Kitco
> 178 West Service Road
> Champlain, N.Y. 12919
> Toll Free:1-877-775-4826
> Fax: 518-298-3457
> ...and
> 620 Cathcart, Suite 900
> Montreal, Quebec H3B 1M1
> Canada
> Toll-free:1-800-363-70...
> Fax: 514-875-6484
> www.kitco.com/
>
> Lee Certified Coins
> P.O. Box 1045
> 454 Daniel Webster Highway
> Merrimack, New Hampshire 03054
> www.certifiedcoins.com/
> Ed Lee, Proprietor
> 1-800-835-6000
> leecoins@aol.com
>
> MRCS Canada
> 12303-118 Ave. NW
> Edmonton, Alberta T5L 2K2
> Canada
> www.mrcscanada.com/
> Michael Riedel, Proprietor
> 1-877-TRY-MRCS
> 1-877-879-6727
> mrcscanada@shaw.ca
>
> Miles Franklin Ltd.
> 1001 Twelve Oaks Center Drive
> Suite 1028
> Wayzata, MN 55391
> 1-800-822-8080
> www.milesfranklin.com/
> Contacts: David Schectman,
> Andy Schectman, and Bob Sichel
>
> Missouri Coin Co.
> 11742 Manchester Road
> St. Louis, MO 63131-4614
> info@mocoin.com
> 314-965-9797
> 1-800-280-9797
> www.mocoin.com/
>
> Resource Consultants Inc.
> 6139 South Rural Road
> Suite 103
> Tempe, Arizona 85283-2929
> Pat Gorman, Proprietor
> 1-800-494-4149, 480-820-5877
> Metalguys@aol.com
> www.buysilvernow.com/
>
> Silver Trading Co.
> 445 Montgomery St.
> PO Box 876
> Shreveport, Louisiana 71107
> Larry LaBorde, Proprietor
> 318-470-7291
> LLaBord@silvertrading....
> www.silvertrading.net/
>
> Swiss America Trading Corp.
> 15018 North Tatum Blvd.
> Phoenix, Arizona 85032
> www.swissamerica.com/
> Dr. Fred I. Goldstein, Senior Broker
> 1-800-BUY-COIN
> FiGoldstein@swissameri...
>
> The Moneychanger
> Box 178
> Westpoint, Tennessee 38486
> www.the-moneychanger.c.../
> Franklin Sanders
> 1-888-218-9226, 931-766-6066