U.S. Mint Raises Premiums On Silver Coins

That’s quite a picture, isn’t it? Since 2000 silver has outperformed the S&P fourfold. Now apparently due to increased demand and supply problems, “the U.S. Mint announced today that it is significantly raising the premium on all Silver American Eagle coins. Obviously, every dealer will have to increase their premiums on Silver American Eagle coins.” What you own is more valuable and what you buy in the future will cost you more above spot. And you ain’t seen nothing yet!

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