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Old 01-25-2013, 08:29 AM   #1
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Royal Canadian Mint starts rationing silver coins


It’s not that silver isn’t available. It seems to be that the mints don’t want to buy the metal necessary to meet coin demand, lest they allow the price of silverto be pushed up to jeopardize the government-backstopped price suppression scheme.
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Old 01-25-2013, 09:23 AM   #2
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Let's credit the source:
Originally Posted by Jason Hamlin :
Confirming this strain on physical silver supplies, just this morning the RCM (Royal Canadian Mint) went on allocation, limiting the quantity of sales of the popular silver maple leaf coin.

So now the silver shortage has spread across the continent. Both dealers and wholesalers are reporting that the supply on maple leaf silver coins is now weeks backlogged. La Casa de Moneda de México (the oldest mint in the Americas) is the only mint in North America left with full supply of 2013 silver coins as of this point. Please note that many dealers still have supply, but this recent shift to allocation may signal an imminent shortage similar to the one seen on US Mint Silver Eagles.

There are only a handful of primary distributors and they are seeing less silver inventory available from the Mints, as physical demand has skyrocketed lately. ...
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