American Eagle Silver Coin Demand Skyrockets
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.