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overtheedge
Member since May 2012
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>Record Silver Coin Demand Signals Financial Trouble Ahead - Steve St Angelo - SRSRocco Report
I only gave this three stars because there was a complete absence of silver round/medallion sales.
Not everyone believes that official mint coins are worth the high seigniorage and premiums over silver rounds/medallions.
I can remember when Peace and Morgan silver dollars sold for $1 USD each.
Now look at the premiums over actual silver content.
But will these seigniorage and premium costs continue into the next economy?
And will silver rounds/medallion valuation fall precipitously?

This article lacked completeness. Silver coin sales only tell part of the story.


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Beginning of the headline :The world doesn’t realize it, but record global silver coin demand is warning that big trouble is coming to the financial system. More investors are waking up to the fact that there is something seriously wrong with the financial industry and broader stock markets and are buying more physical gold and silver than ever. This is especially true for silver. During the huge surge in physical silver investment demand from June to September this year, I heard from several dealers that investors were b... Read More
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