- US Mint Warns It Can’t Meet “Surging Demand” For Silver & Gold
by Tyler Durden, https://www.zerohedge.com/
With The Fed printing money ‘out the wazoo’, monetizing COVID relief package debt as fast as Congress can pass the bills, demand for bullion was already surging. However, the last week or so, on the heels of the Reddit-Raiders taking aim at Silver, demand for silver (and gold coins) has exploded…
Sales of U.S. gold bullion coins rose 258% in 2020 while silver coin demand was up 28%, the U.S. Mint said Tuesday. … Which has led to bullion dealers running dry of stock and physical premium to paper silver prices soaring to record highs.