Buy the Silver Eagle Monster Box From Gold Silver Bitcoin…If you want…it’s your choice!
goldsilverbitcoin.com / By Justin / August 12, 2013
Forget silver. It’s not going anywhere. After all, it hasn’t for two years!
Since silver bullion tested the critical $50 psychological level, a two+ year consolidation period has left sentiment at an all-time low. While the mainstream was once enamored with silver bullion, since April 2011 the mainstream has gone quiet.
But, rest assured, there are still a myriad reasons why silver is a great investment, and here are 20 of them.
1. Demand is going up and up! The US Mint set record high sales of American SIlver Eagles in July, having sold over 4 million of the 1-oz silver bullion coins. Indeed, for the first seven months of 2013, the American Silver Eagle bullion coins grew faster than ever as 2013 is well on its way to setting a new annual record for the coins. During January through July 2013, total American Silver Eagle sales hit 29,450,000 ounces, a number not accomplished until November 5 2012. The current annual sales record is 39,868,500 American Silver Eagle bullion coins sold in 2011, when the 29.45 million silver ounce mark was not achieved until September of that year.
2. Supply line shortage. The supply line of silver has been sketchy for some time. There are more than 400 million paper ounces of silver traded a day, but when Sprott Asset Management opened their physical silver trust, it took many months to acquire 15 million ounces.
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