The scramble for non-dilutable currencies hits a frenzy as silver just touches on a fresh 31 year high of $34.90.
To commemorate this historic event, the US Mint has halted American Eagle silver coing production, in addition to its ongoing halt of American Buffalo coins:
“because of the continued demand for American Eagle Silver Bullion Coins, 2010-dated American Eagle Silver Uncirculated Coins will not be produced. The United States Mint will resume production of American Eagle Silver Uncirculated Coins once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products.”
Submitted by Tyler Durden on 03/02/2011 09:45 -0500
And of course Blythe Masters was right that nobody can manipulate the silver market, right?:
Sure Blythe! Nobody believes that BS anymore. Game over.
It’s just a fact now that there is nothing left!
Silver is still incredibly cheap.
I would buy every silver Maple Leaf, American Eagle or Wiener Philharmoniker I could get my hands on.
Only physical gold and silver are real, everything else is an illusion.
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