U.S. Mint Unable to Meet Surging Demand for Silver and Gold

The U.S. mint recently announced that it is having trouble meeting the surging demand for silver and gold. The surge has generated a divergence between the price of “paper silver” (about $26.50 per ounce) and price of physical silver (about $38.50 for a one ounce silver Eagle via APMEX).

https://www.zerohedge.com/commodities/us-mint-warns-it-cant-meet-surging-demand-silver-gold

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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