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HistoryStudent | 03-13-2010 10:10 AM
US Mint "Problems, Production, Planning and POO-POO!" Two articles that give you a view on the future... best wishes, HS ************************************************** **** http://www.gold-eagle.com/gold_diges...ton031210.html http://www.zealllc.com/2009/mintcoin.htm

newmisty | 03-13-2010 11:57 AM
Re: US Mint "Problems, Production, Planning and POO-POO!" Quote:
The bottom line is the US Mint's latest bullion-coin sales data reveals very strong American retail investment demand for physical gold and physical silver. High sustained gold Eagle and silver Eagle production shows physical demand in 2009 was the highest yet seen by far in this secular bull. The ranks of gold and silver investors are growing as news of their bulls spreads, which is a very bullish omen. More investors drive up prices which entice in still more investors, creating a self-feeding circle.
Sure wish I was in during 2001.

Operation Grief | 03-13-2010 12:26 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" Quote:
Originally Posted by newmisty (Post 2224692) Sure wish I was in during 2001.
At 9:03am on September 11 it was the only play.

newmisty | 03-13-2010 12:29 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" Too bad i was still in ignorant bliss about PM's Damn Amerikan Ejumacation sistim.

gunDriller | 03-13-2010 05:00 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" Quote:
Originally Posted by HistoryStudent (Post 2224619) http://www.gold-eagle.com/gold_diges...ton031210.html
"While Eagle demand as indicated by Mint sales started picking up in mid-2007 as gold rallied to new bull highs, it didn't surge dramatically until the summer of 2008 when mortgage behemoths Fannie and Freddie were on the verge of bankruptcy. In the first half of 2008, monthly gold Eagle sales averaged 33k ounces, which was in line with bull precedent to that point." 33K a month - 12 x 33K = 396K a year. i don't know what the total number of Eagles is. imagine it was less in some previous years. since they started in 1985 - call it 200K a year for 25 years - a total of 5 million Eagles. (admittedly wild-ass guesses on the numbers. too lazy to do a web search to find the total cumulative production). but, based on that lazy guess, let's say an "average investor" buys 10 Eagles, then slows down and discovers 50 peso's, Maple Leafs, Krugs, etc. so maybe they end up with 15 Eagles in addition to the other goodies. it would only support 333,000 investors. if the current rate of production held for all 25 years (400K a year) - 10 Million Eagles. if the average investor has 15 Gold Eagles, it only supports 666K investors. and you know there are a lot of people who can buy rolls of Gold Eagles the way some people buy rolls of Silver Eagles. what happens when 10 million people want to buy 1 ounce gold rounds - and have the money to do it ? we need a rocket emoticon ! http://www.zealllc.com/2009/mintcoin.htm "Finally, the Eagles are very beautiful aesthetically. While most of my physical gold and silver investments are hidden away, I always keep a handful of Gold and Silver Eagles floating around on my desk." uhhh ... so, where's his desk ? :s1:

HistoryStudent | 03-13-2010 07:35 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" Hot coin news: http://coinupdate.com/2010/03/12/mar...t-change-find/ click on the side to see the hot "current" coins like the UHRs!

HistoryStudent | 03-13-2010 07:37 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" Quote:
Originally Posted by gunDriller (Post 2224999) "While Eagle demand as indicated by Mint sales started picking up in mid-2007 as gold rallied to new bull highs, it didn't surge dramatically until the summer of 2008 when mortgage behemoths Fannie and Freddie were on the verge of bankruptcy. In the first half of 2008, monthly gold Eagle sales averaged 33k ounces, which was in line with bull precedent to that point." 33K a month - 12 x 33K = 396K a year. i don't know what the total number of Eagles is. imagine it was less in some previous years. since they started in 1985 - call it 200K a year for 25 years - a total of 5 million Eagles. (admittedly wild-ass guesses on the numbers. too lazy to do a web search to find the total cumulative production). but, based on that lazy guess, let's say an "average investor" buys 10 Eagles, then slows down and discovers 50 peso's, Maple Leafs, Krugs, etc. so maybe they end up with 15 Eagles in addition to the other goodies. it would only support 333,000 investors. if the current rate of production held for all 25 years (400K a year) - 10 Million Eagles. if the average investor has 15 Gold Eagles, it only supports 666K investors. and you know there are a lot of people who can buy rolls of Gold Eagles the way some people buy rolls of Silver Eagles. what happens when 10 million people want to buy 1 ounce gold rounds - and have the money to do it ? we need a rocket emoticon ! http://www.zealllc.com/2009/mintcoin.htm "Finally, the Eagles are very beautiful aesthetically. While most of my physical gold and silver investments are hidden away, I always keep a handful of Gold and Silver Eagles floating around on my desk." uhhh ... so, where's his desk ? :s1:
The total is rather higher for the complete years. In 2009 they did around 29 million alone; while the year prior was around 18 million alone. SAE that is... But overall you are right. Many INDIVIDUALS (like you) have 5000 to 10000 SAE stored up... right?:111:

HistoryStudent | 03-13-2010 08:11 PM
Re: US Mint "Problems, Production, Planning and POO-POO!" 1986 5,393,005 1987 11,442,335 1988 5,004,646 1989 5,203,327 1990 5,840,210 1991 7,191,066 1992 5,540,068 1993 6,763,762 1994 4,227,319 1995 4,672,051 1996 3,603,386 1997 4,295,004 1998 4,847,549 1999 7,408,640 2000 9,239,132 2001 9,001,711 2002 10,539,026 2003 8,495,008 2004 8,882,754 2005 8,891,025 2006 10,676,522 2007 9,028,036 2008 20,583,000 2009 30,459,000 So far during 2010, the US Mint has sold 6,067,500 Silver Eagle bullion coins. This includes the final inventory of 367,500 coins dated 2009, with the remainder representing 2010 coins. The final mintage for one ounce 2009 Gold Eagle bullion coins has not yet been finalized. In fact, the US Mint is still continuing to sell the remaining inventory of 2009 coins. When the 2010-dated coins first went on sale, the US Mint had 51,000 of the prior year coins still within inventory. :thumb.aspx:

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