You are here: Home » Blog » Silver Coin Blog » Silver bullion » US Mint has enough Silver Eagles for 2012

US Mint has enough Silver Eagles for 2012

by stevec85 on January 2, 2012

Britannia, Eagle, Libertad
Creative Commons License photo credit: sirqitous

The United States Mint has announced they have sufficient quantities of gold and silver eagles on hand for 2012 and does not need to release additional coins during the early part of 2012…http://yhoo.it/sjKQAU

They cite falling demand for these bullion coins during the fourth quarter of 2012 as a result of falling silver and gold prices.  This falling demand means there are sufficient stocks of the coins on hand to meet the needs of investors and bullion dealers in the short term.

What the article fails to mention is that the best time to buy silver and gold is when the prices have fallen due to lower demand.  This is the key component to “buy low, sell high”, which in practice is lost on most investors.  This is a great time to pick up some Silver Eagles or Gold Eagles.

Previous post:

Next post: