Sometimes a strange story isn’t so strange when you think about it a bit more. Today we have a case in point: Coin sales by the US Mint are on pace for an 11-year low. Yet, back in September we reported the news that the US Mint was out of silver, which hinted at high demand for silver coins.
We weren’t making this up, the news came straight from the US Mint, who was notifying customers that silver coin deliveries were delayed by a “lack of silver”. Yet here we are with the Mint now reporting low sales.
How do these two reconcile? Well, the first thought is that September’s event was a simple mistake – maybe someone just didn’t place an order on time.