How Can The U.S. Mint Be Out Of Silver?

Reports are indicating that the U.S. Mint has run out of the 1 OZ Silver Eagles. How is this possible? Authorized dealers have received notice that the U.S. Mint is out of silver coins.

According to U.S. laws, the U.S. Mint is required to provide silver to the market demands. If need be, they are required to source silver from outside the U.S. in order to meet the domestic demand. Has there been a rush on silver sales? No. In fact, this year is at an all time low of just over 9 million ounces. In years past, sales have been usually 37 to 44 million ounces per year.

The market is rigged. Silver should be at least $95.00 to $230.00 an ounce by now. Silver below $15.00 is pure manipulation. So silver gets manipulated through paper derivatives but yet we can not buy physical silver for the low, low prices of sub $15.00 silver. Go figure.

The wheels are coming off the global financial bus. It is just a matter of time before it hits the United States. Hopefully you have strategies in place to replace paper money with other financial assets. Physical precious metals and strong, stable crypto currencies are possible options.

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