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American Eagle Silver Coin Demand Skyrockets

by David EngstromMarch 5, 2010

As precious metals prices rise, demand for silver coins has reached record highs.In January, 2010, silver sales by the U.S. mint reached a reported record high of 3.59 million ounces.It is suggested that rising gold prices have created a situation where silver has taken on the role of affordable protection.

While most see gold as an inflation hedge, silver is now taking on a similar role.It's affordable protection against hyperinflation, rising U.S. Debt, Rising global debt levels and a failing confidence in just about every currency.

So next time you call your favorite gold hot line, ask about silver american eagles or a variety of other popular silver investment coins.

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