No one can buy 2013 American Eagle silver coins until next week because record demand for these safe-haven investment instruments has stripped the U.S. Mint of all available supply. It's a fitting commentary on the second inauguration of President Obama.
Now exactly what does this frantic demand for silver inform us? It screams out that the U.S. dollar is falling and may not be considered relevant international currency in the future. This is due for the most part to the callous unraveling of America's economic and financial standing in the world, and all this has actually taken place under the current Administration.
Since investors precisely fear that outcome-- an inevitability that we at Real Money USA have been alerting about for years--they are purchasing silver coins at a five-year high.
Many mainstream investors and the servile financial press, of like mind with the federal government, don't want to ascribe too much significance to the sellout, which last occurred in November 2009. But even they can't help slip with the notion that fear has begun to grip the American public.
"It is easy to infer" wrote Joni Teves wanly last week, in an e-mail report," that some element of high anxiety may have been at play." She is a seasoned analyst at UBS AG in London
Her caution vastly downplays what is really going on here. The unexpected scarcity of American Eagles shows that increasingly more people are aware of the dollar crisis. Consequently, they are hoarding precious metal currency that is still easy to buy. They're getting their financial homes out of dollar-denominated investments and into God's Money as quickly as possible.
Sadly, only a few Americans comprehend the depths of our financial crisis, the source of this malaise, or the brewing results. Still millions of investors do comprehend that everyday financial knowledge is no longer enough to meet the perilous future ahead.
Prophetically, all of this is a harbinger of the removal of the United States as a world power. Soon, America will devalue our once-proud greenback, or default on it, and the U.S. dollar will be replaced as the world's reserve currency. The 40-year era of petrodollars - during which the dollar was regarded as the only currency for the Middle Eastern oil trade - is set to close in March, which will further erode the dollar's status.
It is highly likely that when the US Mint will begin taking orders again for Silver Eagles, they'll quickly exhaust their supply once more.
What choice will this sellout leave people who want to invest in God's Money? Today, this is the question we must seriously consider.
Now exactly what does this frantic demand for silver inform us? It screams out that the U.S. dollar is falling and may not be considered relevant international currency in the future. This is due for the most part to the callous unraveling of America's economic and financial standing in the world, and all this has actually taken place under the current Administration.
Since investors precisely fear that outcome-- an inevitability that we at Real Money USA have been alerting about for years--they are purchasing silver coins at a five-year high.
Many mainstream investors and the servile financial press, of like mind with the federal government, don't want to ascribe too much significance to the sellout, which last occurred in November 2009. But even they can't help slip with the notion that fear has begun to grip the American public.
"It is easy to infer" wrote Joni Teves wanly last week, in an e-mail report," that some element of high anxiety may have been at play." She is a seasoned analyst at UBS AG in London
Her caution vastly downplays what is really going on here. The unexpected scarcity of American Eagles shows that increasingly more people are aware of the dollar crisis. Consequently, they are hoarding precious metal currency that is still easy to buy. They're getting their financial homes out of dollar-denominated investments and into God's Money as quickly as possible.
Sadly, only a few Americans comprehend the depths of our financial crisis, the source of this malaise, or the brewing results. Still millions of investors do comprehend that everyday financial knowledge is no longer enough to meet the perilous future ahead.
Prophetically, all of this is a harbinger of the removal of the United States as a world power. Soon, America will devalue our once-proud greenback, or default on it, and the U.S. dollar will be replaced as the world's reserve currency. The 40-year era of petrodollars - during which the dollar was regarded as the only currency for the Middle Eastern oil trade - is set to close in March, which will further erode the dollar's status.
It is highly likely that when the US Mint will begin taking orders again for Silver Eagles, they'll quickly exhaust their supply once more.
What choice will this sellout leave people who want to invest in God's Money? Today, this is the question we must seriously consider.
About the Author:
Learn more about gold and silver. Or, stop by Anne Trimble's site where you can find out all about her latest bookFaith Through The Flames.