U.S. Mint Suspends Some Gold Coin Sales After Demand Surge
The U.S. Mint has suspended sales of its one-tenth ounce American Eagle gold coins as surging demand after bullion's plunge in price depleted the government's inventory.
The U.S. Mint has suspended sales of its one-tenth ounce American Eagle gold coins as surging demand after bullion's plunge in price depleted the government's inventory.
2013 started off with some impressive sales, including record prices for a mansion and a Ferrari. One famous baby even got a diamond-encrusted Barbie doll for her first birthday -- and you won't believe what it cost her parents.
Metal costs have soared so high that it now costs significantly more for the U.S. Mint to produce a penny than the coins themselves are worth. That's why Canada just stopped making pennies. We should too.
America has a debt problem. We don't bring in enough revenue, and we spend too much money. But don't fret. Our government has a plan to fix all this by ... cutting the cost of coining pennies and nickels.



