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U.S. Mint halts gold coin output just as demand is surging

SilverBuyer

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#2
Silver eagle production is definitely shut down.

Numbers for March were 151,000 oz of gold eagles and 5.5 million oz of silver eagles produced by U.S. Mint

April has 56,000 oz of gold and 350,000 oz of silver eagles.

Provident lowest price on 2020 silver eagles $25.42, JMBullion also 25.42, Apmex 25.62. They are all running out of coins and raising the premiums to make up for the lost volume.

Found an article as well:

https://www.coinworld.com/news/us-coins/us-mint-closes-two-facilities-amid-coronavirus-crisis
 

GOLDZILLA

Harvurd Koleej Jeenyus
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#3
This tells us that ? A) they dont got none to mint?

B) They dont want to sell because they know its gonna spike big time ?
 

GOLDZILLA

Harvurd Koleej Jeenyus
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#6
When people can't git none, they'll adopt the ugly red headed stepchild known as silver.
 

o b juan

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#8
Is this the way it always is the gov only stamps 6.2 silver to gold ratio? What am I Missing last week the ratio quoted here was about 100 to 1.
Have they run out of sliver? Folks that buy gold also buy silver. I am an outsider looking in I bought mine in the 70's thuru 90s and am on the sidelines.
 

MrLucky

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#9