ASE's sold out
Wolf359
Posts: 7,656 ✭✭✭
US Mint Sold Out of Silver Eagle Bullion Coins Until January 7, 2013
Authorized purchasers will be faced with a three week period during which there will be no American Silver Eagle bullion coins available to order from the United States Mint. The Mint recently informed authorized purchasers that all remaining inventories of 2012-dated Silver Eagle bullion coins had sold out and no additional coins would be struck.
Link to article
Silver supplies online look low to me as well. APMEX has the fewest 100 oz bars in inventory I've ever seen. And COMEX is being drained of 17 million ounces this month, which is the largest demand I've seen.
Authorized purchasers will be faced with a three week period during which there will be no American Silver Eagle bullion coins available to order from the United States Mint. The Mint recently informed authorized purchasers that all remaining inventories of 2012-dated Silver Eagle bullion coins had sold out and no additional coins would be struck.
Link to article
Silver supplies online look low to me as well. APMEX has the fewest 100 oz bars in inventory I've ever seen. And COMEX is being drained of 17 million ounces this month, which is the largest demand I've seen.
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While the demand for ASEs is good, there is no shortage - mint is only saying they will mint no more 2012s as they gear up for the new ones.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I knew it would happen.