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U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!

 
Don Draper from Nantucket
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08/05/2020 06:14 AM

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U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
[link to silverseek.com (secure)]


Due to measures taking by the West Point Mint to protect workers from the virus, the production of gold and silver coins will be reduced over the next 12-18 months. By enacting these worker policy changes, the U.S. Mint will not be able to produce gold and silver bullion coins at the same time. Thus, if demand continues to be strong for Gold and Silver Eagles, we could see higher premiums in the future.
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"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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08/05/2020 06:16 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
the U.S. Mint also stated the following:

To cope with demand, the Mint is now asking dealers to provide their 10-day and 90-day forecasts for demand for the first time ever. That will allow it to decide what products to make as some are more labor-intensive than others, according to the document. If the Mint decides to make one-tenth of an ounce of gold, for instance, it must cut production of American Eagle Silver coins.
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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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08/05/2020 06:39 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Less supply..+..moar demand = ?

Last Edited by Don Of N*******t on 08/05/2020 06:39 AM
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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08/05/2020 07:05 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Gold is running out, silver too.

There sre mo huge numbers of virus deaths, just .003% of those allegedly infected die. Same as the flu.

The plandemic continues
Anonymous Coward
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08/05/2020 07:43 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Gold is running out, silver too.

There sre mo huge numbers of virus deaths, just .003% of those allegedly infected die. Same as the flu.

The plandemic continues
 Quoting: Anonymous Coward 72596863


Gold and silver are not running out you smooth brain, they are abundant. I bet you think diamonds are rare too...
Anonymous Coward
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08/05/2020 08:36 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Everybody doing nothing and being non-productive but, everyone getting paid in full+. That will only last for so long !
Anonymous Coward
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08/05/2020 08:41 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
they did this during the last flu hoax called the Spanish flu of 1918


because they took away people's silver greatest silver coin rarities/key dates of the entire 20th century in 1921, not only in the United States but also in Canada, and I believe in Mexico as well. By 1922, the US Mint ceased minting silver coins entirely except for the 1922 Peace Dollars!!!
Anonymous Coward
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08/05/2020 08:45 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
they did this during the last flu hoax called the Spanish flu of 1918


because they took away people's silver greatest silver coin rarities/key dates of the entire 20th century in 1921, not only in the United States but also in Canada, and I believe in Mexico as well. By 1922, the US Mint ceased minting silver coins entirely except for the 1922 Peace Dollars!!!
 Quoting: Anonymous Coward 66352159


Then where the 1923-26 silver peace dollars cum frum yo?

banana2
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08/05/2020 08:46 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
they did this during the last flu hoax called the Spanish flu of 1918


because they took away people's silver greatest silver coin rarities/key dates of the entire 20th century in 1921, not only in the United States but also in Canada, and I believe in Mexico as well. By 1922, the US Mint ceased minting silver coins entirely except for the 1922 Peace Dollars!!!
 Quoting: Anonymous Coward 66352159


Then where the 1923-26 silver peace dollars cum frum yo?

banana2
 Quoting: Anonymous Coward 79220562


now I feel special, a spook replied to me!

peace dollars were the only ones minted
Anonymous Coward
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08/05/2020 09:22 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Bull, they are holding off production because the prices are going skyhigh for these metals.
Anonymous Coward
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08/05/2020 09:26 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Gold is running out, silver too.

There sre mo huge numbers of virus deaths, just .003% of those allegedly infected die. Same as the flu.

The plandemic continues
 Quoting: Anonymous Coward 72596863


Gold and silver are not running out you smooth brain, they are abundant. I bet you think diamonds are rare too...
 Quoting: Anonymous Coward 27908011




Silver IS running out silly. Silver is NOT abundant. And I'm done with you since you have no idea what you are talking about.


PS. You are about to find out that there is not enough silver, nor gold, to go around.
Anonymous Coward
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08/05/2020 09:30 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
they want digital currency.......
Anonymous Coward
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08/05/2020 09:58 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
Anonymous Coward
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08/05/2020 10:09 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
[link to silverseek.com (secure)]


Due to measures taking by the West Point Mint to protect workers from the virus, the production of gold and silver coins will be reduced over the next 12-18 months. By enacting these worker policy changes, the U.S. Mint will not be able to produce gold and silver bullion coins at the same time. Thus, if demand continues to be strong for Gold and Silver Eagles, we could see higher premiums in the future.
 Quoting: Don Draper from Nantucket


2020 eagle low production run every passenger tesla needs 7 lbs of silver..is that now over 12 grand?
Anonymous Coward
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08/05/2020 10:29 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Buy some now, it’s not much more.
Anonymous Coward
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08/05/2020 10:32 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Gold is running out, silver too.

There sre mo huge numbers of virus deaths, just .003% of those allegedly infected die. Same as the flu.

The plandemic continues
 Quoting: Anonymous Coward 72596863


Gold and silver are not running out you smooth brain, they are abundant. I bet you think diamonds are rare too...
 Quoting: Anonymous Coward 27908011


Abundant.... underground and you need a lot of mechanical and chemical process to get it.
Don Draper from Nantucket  (OP)

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08/05/2020 10:34 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Yes there were some people on here insisting silver was on it's way back to $5.00 an ounce just a couple of weeks back! 1rof1

Silly silly those guys..

keat0n-n0sepick
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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08/05/2020 10:43 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Gold is running out, silver too.

There sre mo huge numbers of virus deaths, just .003% of those allegedly infected die. Same as the flu.

The plandemic continues
 Quoting: Anonymous Coward 72596863


Gold and silver are not running out you smooth brain, they are abundant. I bet you think diamonds are rare too...
 Quoting: Anonymous Coward 27908011


well theyre more rare than dollars at this point - you cant print gold and silver -
Anonymous Coward
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08/05/2020 10:44 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Yeah,now you should buy a monster wallet of cryptos. Lol

5a
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08/05/2020 10:49 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
If only we could get HOAX-19 to breakout faster than gold and silver.
Don Draper from Nantucket  (OP)

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08/05/2020 11:01 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Yeah,now you should buy a monster wallet of cryptos. Lol

5a
 Quoting: Anonymous Coward 79132245


lmao
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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Australia
08/05/2020 11:20 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Still not too late to run and get onboard with some silver (if you can get it) before it leaves the station. Next stop: Money printer goes brrrr.
Mental Case

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08/05/2020 11:23 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Parker Schnabel better get his ass in gear!
If I am going to be damned...I am going to be damned for who I really am!
M R E

User ID: 71630411
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08/05/2020 11:41 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Yes there were some people on here insisting silver was on it's way back to $5.00 an ounce just a couple of weeks back! 1rof1

Silly silly those guys..

keat0n-n0sepick
 Quoting: Don Draper from Nantucket


After the dust settles i wonder what the new lows for Silver will be?? $15? $16?, I doubt we will ever see it below $14 an ounce again, Silver has too many industrial uses and has been manipulated for years by certain players on Wall Street, barring some new gigantic Silver discovery, those day's are over.
would rather have it & not need it then need it & not have it
Anonymous Coward
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08/05/2020 11:46 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
So the U.S. Mint had the bright idea of limiting the number of the valuable "coins"?

Wonder where they got that idea from... buy Bitcoin, people. The U.S. Mint is already copying its business model.
Don Draper from Nantucket  (OP)

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08/05/2020 11:51 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


Yes there were some people on here insisting silver was on it's way back to $5.00 an ounce just a couple of weeks back! 1rof1

Silly silly those guys..

keat0n-n0sepick
 Quoting: Don Draper from Nantucket


After the dust settles i wonder what the new lows for Silver will be?? $15? $16?, I doubt we will ever see it below $14 an ounce again, Silver has too many industrial uses and has been manipulated for years by certain players on Wall Street, barring some new gigantic Silver discovery, those day's are over.
 Quoting: M R E


hesright
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
justavet

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08/05/2020 11:54 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Already saw it this year with silver proof dollars from West Point, they sold for $64 up about $9 from last year.
justavet In the end, our regrets are for what we didn't do, not for what we did.
M R E

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08/05/2020 11:58 AM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Still not too late to run and get onboard with some silver (if you can get it) before it leaves the station. Next stop: Money printer goes brrrr.
 Quoting: Anonymous Coward 45280440


for those who are new to the game, just be careful, many fakes have been on the market mostly from Chicom but as the price rises so will the greed and fraud, buy from reputable dealers, shop around and do your research, the piece of mind is worth the premium that JM Bullion, Apmex, Provident and the likes charge, Know your Local Coin shop dealer, most test with the Sigma tester but if they don't have one i would stay clear because the fakes now day's are that good.

peace
would rather have it & not need it then need it & not have it
Anonymous Coward
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08/05/2020 11:59 AM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Bull, they are holding off production because the prices are going skyhigh for these metals.
 Quoting: Anonymous Coward 79179204


Exactly.
Metals need to be diverted to bail out corrupt short selling banks.

Covid is the cover
M R E

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08/05/2020 12:21 PM

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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Already saw it this year with silver proof dollars from West Point, they sold for $64 up about $9 from last year.
 Quoting: justavet


Anymore the mint is a joke, they have a handful of world dealers and third party grading companies they cater to and the hell with the public.
would rather have it & not need it then need it & not have it
Anonymous Coward
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08/05/2020 12:25 PM
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Re: U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months...MUH COVID!
Should of bought that monster box when it was at 14 an oz. What a fool I was thinking it was going to go lower listening to some dumb people on here.
 Quoting: Anonymous Coward 78356753


I bought at 40. Still holding.





GLP