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Old 11-04-2011, 06:50 PM   #1
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US Mint sales up for Silver Eagle proofs

A sign of IRA investment buying?
Quote :
...
Knowing that most every coin dealer has a special selection of IRA approved products mostly filled with proof US Mint coins, it appears that IRA buyers are finally picking up steam. If it weren’t for the IRA, demand for all proofs would likely be constant—the market gives us numbers large enough that we would see a normal distribution in silver purchases. Proofs are proofs, and silver is silver.

When one proof coin sees improving demand while another falters, one must think that it is retirement savers that are driving the market. Coin dealers rarely add temporary silver medals or coins to their IRA stock, as there’s no way to be certain that supplies will exist for orders. Production is usually limited.
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http://news.silverseek.com/SilverSeek/1320329933.php
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