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November 5, 2014Key Gold Headlines

Breaking News: US Mint Sells Out of Silver Eagles

SchiffGold and other major precious metals dealers have just received notice that the United States Mint has temporarily sold out of its Silver American Eagle bullion coins. There has been a huge surge in demand for silver bullion in the past week, as the price of the metal hit four year lows. Clearly investors are taking advantage of this buying opportunity.

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We heard last week that US Mint sales of silver coins hit a 21-month high in October. The US Mint sold 5.79 million ounces of silver in October. This is the highest sales report since January 2013, when the Mint set a monthly record of 7.5 million ounces. As we reported last week, demand for silver coins has been on the rise across the globe, draining supplies from both private and national mints.

If you’re interested in taking advantage of these low prices, give us a call today – 1-888-GOLD-160 (1-888-465-3160). We can get you in line for the next batch of available Silver Eagles from the US Mint, or recommend other silver bullion products that might be an even better fit for your portfolio.

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Interested in learning more about physical gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!