Why Is There a Coin Shortage?

[webmaster]

Subject:Why Is There a Coin Shortage?
By: David Morgan, Silver Investor

Overview: While recently attending the Orlando Money Show and as one of the few who were advocating real money, if you know what I mean, the topic of the silver and gold shortage was discussed, as you’ll see in the attached video link. Before viewing it, keep in mind a few points:

Link: http://news.silverseek.com/SilverInv...1237558604.php

[daman4455]

There is'nt any shortage.Silver bars are available at a discount to spot prices in international market and delivery is immediate.

Coins require capital and time lag to produce out of bar silver.That explains temporary delay in availabilit of coins due to shortage of working capital with some smaller refineries and existing production capabilities of small number of mints.

There is no shortage of metal for industrial usage.

[akak]

Originally Posted by daman4455

There is'nt any shortage.Silver bars are available at a discount to spot prices in international market and delivery is immediate.

Coins require capital and time lag to produce out of bar silver.That explains temporary delay in availabilit of coins due to shortage of working capital with some smaller refineries and existing production capabilities of small number of mints.

There is no shortage of metal for industrial usage.

Perhaps, Daman, but that was not the point of the article, which highlighted the obvious shortage of silver available to the average investor. How many 1000 oz. bars are out there is irrelevant to 99% of us who want physical silver as way to protect our wealth from currency devaluation and financial turmoil. Perhaps you can explain the unprecedented 30%+ premiums on one-ounce silver coins in North America? Please don't tell us about how you as an importer can buy all the silver you want at spot, unless you are willing to offer US some of that silver at prices just above spot as well, and in convenient sizes, not 1000 oz. bars.

[mountainmurph]

Originally Posted by daman4455

There is'nt any shortage.Silver bars are available at a discount to spot prices in international market and delivery is immediate.

Coins require capital and time lag to produce out of bar silver.That explains temporary delay in availabilit of coins due to shortage of working capital with some smaller refineries and existing production capabilities of small number of mints.

There is no shortage of metal for industrial usage.

There will be.......There will be