Replies to post #19140 on ***Precious Metals Investors Club***

[Stinky_pinky]

Case in point SE... I recently got $42 for morgans in BU condition (only 3/4 ounce of silver, and libertads, silver eagles, britannias, etc. and the rest of the pure silver, one ounce mint products are selling for much less. So I am, and have been for months, selling my numis and buying what bullion I can afford. read: Following my own advice. Good fortune, and happy new year, SE. Looks like we might make it to 2013! S~P

[Stinky_pinky]

US Mint Bullion Sales Revenue falls 29% for FY 2012.
http://news.coinupdate.com/us-mint-bullion-program-revenue-falls-silver-eagles-generate-loss-1781/

I wonder how draconian cuts in federal spending will affect the way the treasury department buys it's bullion. This is a sure indication that the silver strategic stockpile is gone...and sorely missed. It seems the fed is lousy at buying PM on the open market, unlike the PMIC!

~Stinky~Pinky~

Inside the BofE gold vault: