Now Mints are stopping their Minting of coins due to metal shortage. They don't say that specifically, but you can read between the lines. The U.S. mint said due to "sold out" coins they will no longer make the Gold 2010 Buffalo coins nor the Gold Eagles. Yesterday the Canadian Mint has now said, they will not make any more 2010 Silver Maple Leafs. There were dealers who had already ordered and paid for the 2010 Silver Maple Leafs and were shocked the mint all of a sudden stopped any more minting of them. The Canadian mint has said it will start on the 2011 coins, but those will not be available for over a month.
Sounds like there is not the physical for the mints to produce their coins. Yet, if the Comex and London Metals Exchange actually had all those TONS of Metals along with JP Morgan and it's Trillions of Ounces of shorts and supposed metals available for sale....................... Then WHY would mints have to stop production of their coins?
I hope people have purchased metals and are ready for some Major action in the metals area.
I wonder if my vision of $297.70, as I was waking up one morning, of a one day raise of Gold comes true in the future?
how about a $300 raise in one day?
ReplyDeletein silver that is..
it IS coming
don't convolute yourself..
$100 daily moves inprice[in dollars] will take place in gold and silver in the near future
the worthlessness of the fiat paper dollar backed by thin air/nothing will become exponentially faster and faster as time goes by..
of the 8,000 + fiat currencies since the beginning of time, ALL have failed..every one..
the average life span of a fiat currency is 100 years and the fiat paper FRN debt money dollar is almost 99 years old
just look at any dollar chart