After the huge take-down in the price of silver on October 31st, demand for Silver Eagles skyrocketed. Then on Nov. 5th after silver was knocked down another 5%, the U.S. Mint suspended sales of Silver Eagles.
It was reported that the U.S. Mint sold 2 million Silver Eagles on Nov. 5th before they suspended sales. However, we didn’t see a huge increase in sales on their website for that day. So, I decided to contact Michael White, Public Affairs person for the U.S Mint and ask him about this issue as well as some other questions.
Read the full article here.