Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Congressman Alex Mooney Looks into the Mint’s Chronic Silver Shortages and Delays

U.S. Mint sales of gold bullion coins declined in August but they were up for the year-to-date.  By contrast, silver bullion coin sales continue to decline, year-over-year, due to the shortage of silver “blanks” for minting new coins.

Silver and Gold Looking to Make a Turnaround

Silver soared by over $1 an ounce on Monday, September 12, rising from $18.80 to $19.85, touching $20 at one point. Gold also rose Monday, as the U.S. dollar finally took a dip, with investors waiting for the release of the Consumer Price Index (CPI). On Tuesday morning, the CPI came in “hotter” than expected, which sent both stocks and gold down, since that implied more rate increases down the line.

Silver and Gold Looking to Make a Turnaround

Silver soared by over $1 an ounce on Monday, September 12, rising from $18.80 to $19.85, touching $20 at one point. Gold also rose Monday, as the U.S. dollar finally took a dip, with investors waiting for the release of the Consumer Price Index (CPI). On Tuesday morning, the CPI came in “hotter” than expected, which sent both stocks and gold down, since that implied more rate increases down the line.