Sometimes a strange story isn’t so strange when you think about it a bit more.  Today we have a case in point: Coin sales by the US Mint are on pace for an 11-year low.  Yet, back in September we reported the news that the US Mint was out of silver, which hinted at high demand for silver coins.  We weren’t making this up, the news came straight from the US Mint, who was notifying customers that silver coin deliveries were delayed by a “lack of silver”.  Yet here we are with the Mint now reporting low sales.  How do these two reconcile?  Well, the first thought is that September’s event was a simple mistake – maybe someone just didn’t place an order on time.It could also be that demand for silver is VERY price-conscious, with low prices bringing out a lot of buyers, and the US Mint just didn’t have their order stream far enough out into the future when the bottom hit.  This seems like the lesser part of the news, the big part is why an 11-year low in demand for new gold and silver coins? Today’s featured article offers a plausible explanation for this, and a good note to end the week on…

Read Today’s Featured Article Here: U.S. Mint Sales Of Silver, Gold Coins Headed To 11-Year Low

About the Author: Mike Hammer

For 30-plus years, Mike Hammer has been an ardent follower, and often-times trader, of gold and silver. With his own money, he began trading in ‘86 and has seen the market at its highest highs and lowest lows, which includes the Black Monday Crash in ‘87, the Crash of ‘08, and the Flash Crash of 2010. Throughout all of this, he’s been on the great side of winning, and sometimes, the hard side of losing. For the past eight years, he’s mentored others about the fine art of trading stocks and ETFs at the Adam Mesh Trading Group More...