Reports have been circulating that the US Mint has suspended the sales of gold coins. The mint has been experiencing unprecedented demand for gold and silver coins. A short list of favored dealers has been drawn up for distribution of the limited supply.
What is curious about this is that the US Mint has “suspended” sales rather than simply announcing that it has a backlog. Only the govenrment would respond to demand in this way. I understand that minting gold coins is not nearly as automated and fast as base metal coins. But by their manner of responding to the demand, they can only accelerate the rise in price for these coins.
I have captured a snapshot of PGM pricing from the BASF EIB website. I hope BASF isn’t too hacked off.
The Canadian Maple and South African Krugerrand gold coins are available, as far as I can tell from internet sources.
Of interest to the catalyst world is the falling price of Palladium. The chart below is scaled to show the price of bullion for the last 12 months. This is surely a kind of economic indicator affording a clue as to the vitality of some particular and narrow market sector.
I wonder where the opportunities are in this difficult time? Now is a good time to keep your head on a swivel for unique opportunity.
Lamentations on Chemistry 
The US Mint sells gold coins for more than their metal value and thereby profits in dollars. If the dollar were to massively inflate said modest profit would become great loss. Take the hint. Overseas gold sellers run currency arbitrage and dump dollars for more stable currencies in real time.
Suzuki couplings can bail out palladium losses! We need immediate strong legislative directives to force organic syntheses and save the market.
O.K, now for the profit.
I have accumulated a large collection of gold and silver coins. I only ask a 35% premium over the going rate. Think about it, if society crashes and burns, what will you use to barter in the forbidden zone?
Colored rocks, sea shells?
I think not! Use the coinage of kings!
(Disclaimer- past results are no indication of future behavior)
Please shop at http://www.goldbugferverforfearfulpeople.xom
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There is always Ebay for gold coins, but prices are 30% higher than the future prices of gold. That premium is what people are paying to get gold right now. What is wrong the free market or the futures market ? enough said