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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Why are silver prices falling when demand for coins is white-hot?

Posted on 03 April 2013

It’s one of the biggest mysteries in finance right now. I mean, it’s a real head-scratcher .. On one hand, demand for silver coins has been off the charts. With so many investors wanting to swap currency for silver, neither the U.S. Mint nor the Royal Canadian Mint has been able to keep up with purchase requests.
In fact, the U.S. Mint actually had to suspend sales of the “Silver Eagles” just a couple of weeks into the New Year - and it still smashed the all-time monthly sales record in January by selling 7.5 million of the hugely popular coins………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 39872 posts on Opalesque Commodities Briefing.


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