2020 American Silver Eagle Bullion Coins Temporarily Sell Out As Demand for Silver Surges
Inventories of 1-ounce, .999 fine American Silver Eagle bullion coins are temporarily depleted, the United States Mint announced Thursday, March 12.
Sales of the silver coins jumped this week by 1.57 million pieces, boosting their 12-day March total to 2,320,000 pieces — the highest for the month of March since 2016, and after just 650,000 pieces sold in February.
"Our rate of sale in just the first part of March exceeds 300% of what was sold last month," the U.S. Mint told its bullion distributors Thursday.
"West Point is working diligently to produce additional inventory and once additional inventory is produced, we will again begin allocations."
American Silver Eagle bullion sales for the year to date stand at 6,816,000 coins. Last year’s first three-month total for the silver coins reached 6,925,000 pieces, which included March sales of 850,000.
https://www.coinnews.net/2020/03/13/2020-american-silver-eagle-bullion-coins-temporarily-sell-out/
Major fuckery going on in all markets but this is the most obvious -ask yourself: How can prices be dropping while demand is increasing - only in the world in which we live