![]() ![]() "With the Federal Reserve clearly stating that unlimited money creation and dollar debasement are its intended policy goals, it's becoming painfully obvious to more and more investors that precious metals are a better savings alternative than zero-interest bank deposits," said Schiff. ![]() Peter Schiff, an economist and president of Euro Pacific Precious Metals, a precious metals dealer in New York, agreed. isn't going to get any better - so they're buying precious metals." That would certainly reflect that people are worried that the financial situation in the U.S. "We are very, very busy and we have been for the last several months. "I love it," said Hanlon of Dillon Gage Metals, a primary precious metals dealer in Dallas that buys directly from the mint and sells to bankers, coin dealers and jewelers. One of the purchasers, Terry Hanlon, was very happy about the situation. In an email to authorized purchasers, the mint said it would resume sales around the week of Jan. "We mint to demand," mint spokesman Michael White told ABC News. Until this year, the all-time high was 6,422,000 ounces, set in January 2011. 7, when the coins first went on sale, and Jan. Mint has stopped selling its 2013 American Eagle silver bullion coins.Īccording to mint spokesman Michael White, 6,700,000 ounces of Silver Eagle coins were sold between Jan. 19, 2013— - As a result of high investor demand, the U.S. ![]()
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