Confirming evidence or hype
will the Halt for 30 days cause a scarcity od Silver bullion or is this something out of the Twilight Zone you decide
Sometimes you never know.
Take heed in the warning what we know is Silver will not be priced at these level come January 2014
Gns+Research
Potential Silver Supply Shortage Upcoming -> Advanced Alert
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Hello GoldSilver Subscriber,
The following communication was made yesterday at 7:35 AM Pacific by the United States Mint Program Manager of the Precious Metals Group regarding their American Eagle Silver Bullion coin allocation policy:
"The United States Mint will issue its last weekly allocation of 2013 dated American Eagle Silver Bullion coins on Monday, December 9, 2013. We will begin accepting orders for 2014 dated American Eagle Silver Bullion coins on Monday, January 13, 2014."
What does this mean?
In short...
Silver supplies will tighten and silver premiums will rise industry wide.
Here is why...
Throughout 2013, the U.S. Mint has been narrowly meeting the public's silver eagle coin demand.
As a matter of fact, the U.S. Mint is about to break its 2011 all time record of 39,868,500 American Eagle Silver Bullion coins sold.
Being that today is November 1, 2013... we are only 83% of the way through 2013's calendar year.
Officially 39,175,000 silver eagle coins have sold thus far in 2013.
The 2011 sales record will officially fall some time next week.
Silver Eagle Coin cupboards are currently low.
As it stands now, the vast majority of high volume silver dealers are not sitting on hoards of fresh 2013 U.S. Mint Silver Eagle coins.
The upcoming 35 day silver eagle coin hiatus will most likely produce a shortage of the world's most popular silver bullion investment vehicle and thus... produce a growing shortage of other silver bullion products as a consequence.\
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