Comments on: Gold Falls from 5-Week High, US Mint Silver Eagles Rise 480,000

By: RonnieBGood

RonnieBGood — Fri, 24 Jan 2014 17:55:12 +0000

Hype – I agree. A shortage would cause Silver prices to surge.
It is down to 75 Billion a month for QE3. Ooo Ahhh…

By: bob

bob — Thu, 23 Jan 2014 10:30:57 +0000

I also think the US mint are probably hyping up this “shortage” to sell more Eagles lol. The US mint say “oh no we ran out of silver” so people get anxious, then the US mint just go and buy like 500,000 blanks from the near endless supplies that the Perth Mint and other global mints have and then just stamp out some more Eagles which sell like hot-cakes. Like I said before, they’re a business.

By: bob

bob — Thu, 23 Jan 2014 10:25:34 +0000

There is no shortage of silver. Only from a US mint point of view there is. Why would that make the global price go up? You can just buy silver from any other mint in the world instead that don’t have shortages. That’s obviously why in the latest news that they went down. There is no shortage people. Only from a US mint logistics point of view there is. They’re a business just like any other trying to reduce overheads and production costs etc etc.

By: Sith

Sith — Wed, 22 Jan 2014 18:52:27 +0000

J_Dog:
Are you really that ignorant, that is the conspiracy, the mint is rationing silver ( allocating it) because if they did not they would run out of silver coins, but the price does not reflect this demand, in fact the price just went back down.

By: Gary

Gary — Wed, 22 Jan 2014 17:36:18 +0000

Its amazing that the Federal Government can purchase $85 billion dollar a month in QE to help sustain business hence profits go up because of federal money’s placed into business men’s hands. Best question asked whose going to repay that $85 billion a month. Its knocked bullion prices down for sure and as long as the Federal Government continues to bail out the American business man bullion will continue to lose its luster

By: Boz

Boz — Wed, 22 Jan 2014 16:57:41 +0000

I agree. If there is no shortage why is the mint having to ration?

By: J_Dog

J_Dog — Wed, 22 Jan 2014 15:09:20 +0000

Where does the conspiracy come from that says there’s a shortage of silver? If there were a shortage, then the price would go up.

By: Boz

Boz — Wed, 22 Jan 2014 14:27:31 +0000

Hunt Brothers in reverse. Somehow the market is being manipulated to disguise the shortages and keep price low. CIA, NSA, Putin, Snowden?

By: dr.U

dr.U — Tue, 21 Jan 2014 23:21:33 +0000

About 4M eagles sold so far this month, in just a few days of sales. Would be a lot higher, if there was enough silver to make them. Shortage deepening.