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Why Did the US Mint Run Out of Silver Coins?

Last week the US Mint ran out of silver coins and suspended sales, citing record-breaking sales of physical silver in the first month of 2013.

Economy

Why Did the US Mint Run Out of Silver Coins?



Last week the US Mint ran out of silver coins and suspended sales, citing record-breaking sales of physical silver in the first month of 2013.

The United States Mint has temporarily sold out of 2013 American Eagle Silver Bullion coins. As a result, sales are suspended until we can build up an inventory of these coins. Sales will resume on or about the week of January 28, 2013, via the allocation process. — Treasury Department statement, Jan 17th, 2013. (Source)

The video below explains why the physical silver market is exploding:

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