US Mint runs out of silver eagle and gold buffalo

[mr-dead]

Seems like the current prices are driving demand significantly.

The US Mint has run out of silver eagles and gold buffalo:

https://www.silverdoctors.com/gold/gold-news/us-mint-sold-out-of-gold-buffalo-coins-2018/

https://www.silverdoctors.com/silver/silver-news/us-mint-sold-out-of-silver-eagle-coins-2018/

[dicker]

Run out....the US Mint!

Im sure this is correct but pretty amazing

[PansPurse]

Haven't read the article, but am guessing that they only mint as many coins as they think there's demand for, so there'll be a bit of a delay) shortage while they produce more?

[sixgun]

What can be said is the US Mint sold out of coins and says they are minting more. We do not know they are actually minting more.

This story tends to get extrapolated to they ran out of silver - there is a silver shortage. Perhaps there is but we cannot know this.

What is clear is whilst the paper market is being sold off there is actually a large demand for physical, enough to deplete the US Mint's inventory completely. There is a disconnect between the physical market and the paper market. We are told no-one is interested in silver and it is selling down to zero - but at the same time it is flying off the shelves at the US Mint. The paper market is a sham, it is manipulated and is part of the psyop to support the USD.

[Pete]

Hopefully this will start a global buying frenzy for physical and the price will recommence its heading for the stars as predicted by so many USA experts keen to take your hard earned cash as a smart investment. Anyone remember any of this ? Nothing to do with Brexit or Trump or Russia - just to spoil the BBC and other alleged reporters thinking they've discovered a scoop when they trawl the web for news material.