Saturday, June 12, 2010

US Mint out of Silver Eagles in 2009 - 2010 still out

When I went to the US Mint website the other day and clicked on the American Silver Eagle product, the mint states 'Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins.'

I believe that this is an indicator of the Silver bull market that will be coming within a few years.  I believe that  Silver investors will continue to hold on to the shinny metal until the massive breakout that will happen due to the shortage of the metal.

Here is the short video regarding the mint's message:


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