why are mints running dry?

Reports of silver being sold out trickle in from around the world, could we be heading for a new silver squeeze, the COMEX inventory is being drained at a record level, we know that silver mining companies are reducing output every single year, and premiums being charged on physical silver are at all-time highs. The price forecast for Silver remains very optimistic.

If you look up fractional gold or silver coins you will notice many of the large dealers are sold out or out of stock. Premiums are nearly 300% higher than spot price. We believe prices will eventually diverge. The banks continue to manipulate the price via silver and gold future contracts however the paper price of gold and silver doesn’t reflect the actual value or price of gold and silver. This leaves us with big questions. You can read our full article on how banks and hedges manipulate the price on silver and gold here .