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(Reuters) NEW YORK – The U.S Mint said Thursday it was temporarily suspending sales of American Buffalo 24-karat gold one-ounce bullion coins because strong demand depleted its inventory. “Demand has exceeded supply for American Buffalo 24-karat gold one-ounce bullion coins, and our inventories have been depleted. We are, therefore, temporarily suspending sales of these coins,” [...] Gold made a huge run from $650 to $850 during the back half of 2007. After this run, gold corrected and consolidated around the $800 level and support at $790 proved to be a very solid floor from which the second run was launched that took gold from $800 to over $1,000. Fast [...] |
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