Fractional gold Eagles ready June 10

Fractional gold American Eagle bullion coins will go on sale to the Mint's authorized purchasers next Thursday, June 10, it has just been announced.

The Mint said initial supplies will be distributed according to its standard allocation process, which is another name for rationing.

However, rationing or not, gold buyers will undoubtedly welcome whatever coins become available.

It will be interesting to see if there is another feeding frenzy in the works or whether demand will settle down enough to allow the Mint to remove the allocation restrictions quickly.