US Mint American Silver Eagle sales have already scored their best ever January. Who would have thought? After all, there is still a full week left in the month. On top of that, the bullion coins are rationed, they were unavailable for seven days, and U.S. silver futures tumbled 8.1 percent last week (6.7 percent in London).
Demand is too great at current prices. Price is function of supply and demand in an competitive and free market. Price, however, is not a function of supply and demand in controlled markets. These markets are characterized by shortages and significant differences between the paper (official) and physical (often black market) prices.
Source: coinnews.net
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