"Regardless of the disastrous and repeat plummet in Silver prices, the June 2013 sales of American Eagle Silver coins at 3,275,000 ounces outpaced sales of Silver coins at 2,858,000 ounces in June 2012 last year. The total for the first six months of this year, sales of the American Eagle Silver coins were 25,043,500 ounces, up substantially from total sales for American Eagle Silver coins of 16,051,000 ounces for the first half of last year, a 56% increase."
Smelters in Switzerland are running 24 hours a day 7 days a week and are backlogged by four months with new customer orders for already delivered gold and silver to be recast to specific sized ingots....
A new problem is developing... where to store the metal until it can be smelted.
There is a message behind this... that people and organizations are taking precautions and/or making preparations for possibly a worse case scenario or a dramatic shift to a new Breton Woods style of Global Monetary Policy.
This is because MORE AND MORE STACKERS are entering the building.... This will not stop as more people become WISE to what has real value and what doesn't. And the cheaper they make it the easier it will be to suck up all supply........ I suggest to Everyone that they should be buying some silver on a monthly basis. I myself Like Coins over bars but if you are just buying small amounts and for protection then bars are the best way to go.