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Scramble for silver coins driven by bargain hunting, not fear

Friday, April 26, 2013 23:25
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

silver coin sales mint demand gold canadian

mining.com / By Michael Allan McCrae / April 26, 2013

This time around record gold and silver coin sales is investment driven, says James Anderson from GoldSilver.com.

“People see silver in the 20s and they think that is a great buy,” says Anderson who is managing director of the bullion dealer.

“Saavy investors who’ve already been in this market for a bit are coming in, dollar-cost averaging and buying in at what they feel is a really good value.”

Mints around the world are coping with a crush of new orders after prices dropped on precious metals.

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Thanks to BrotherJohnF



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