The US Mint has ended production of the type 1 2021 American Silver Eagle ASE and American Gold Eagle AGE. There will be a shortage of coins for sale until the new versions are released in mid July as previously stated.
A Coin World article buried this nugget of news in an article about Morgan and Peace Dollars.
The premium on the US Mint American Silver Eagle is super high right now. The premiums on US Mint Gold Eagles are high too, especially on fractional gold. If we have no new coins shipped to dealers for 30 or 60 days, the premiums will shoot to the moon.
Are you a gold stacker, silver stacker, or both?
Are spot prices climbing or remaining flat? But what about the physical price of bullion? How high are the silver premiums going to go? and How long will premiums stay high?
Would you buy 999 or 9999 Silver Bullion, junk silver or constitutional silver, silver bars? American Silver Eagles (ASE) or Silver Maples? Or some of each?
Being a stacker is about being independent and about personal responsibility, so it might make sense to not even buy precious metals at this time. Having an emergency cash savings fund is important as well as paying off debt. Only you know your own financial situation.
DISCLAIMER: I am not a financial planner, so this is not financial advice. This is for illustrative and entertainment purposes only. Please conduct your own research prior to investing in gold, silver, or other investments.
Topics discussed in this video include:
Silver Heist, silver, gold, silver stack, gold stack, gold stacking, gold stacker, gold bullion, 999 fine, 9999 fine, 22k, one ounce gold, one ounce silver, American Gold Eagle, AGE, savings, cash, cash savings, gold coin, spot price, premiums, US Mint, ASE, American Silver Eagle, silver spot price, gold spot price, diversifying investments, physical gold, all time high gold price, all time high silver price, investing in gold,
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