Sunday, 10 February 2013

Panic Buying Results In Silver Eagle Sellout

By Anne Trimble


No-one can buy 2013 American Eagle silver coins till next week! There has been a record demand for them. These safe-haven financial investment instruments are not available until the U.S. Mint can renew its supply. It's a fitting commentary on our times. Perhaps even a commentary about what investors really think about the second inauguration of President Obama.

And what does it tell us? It shouts that the U.S. dollar is sliding fast out of global relevancy, thanks in part to the ruthless unraveling of America's financial and economic standing that has occurred under the direction of this president.

Investors are buying silver coins at a five-year high because they fear exactly that outcome - an inevitability that we at Real Money USA have been warning about for years.

Lots of regular investors and the servile financial press, who are in collusion with the federal government, don't even want to ponder on the obvious meaning of the sellout. The last time something like this happened was in November 2009. Yet even they can't help notice that a deep concern has actually begun to get a hold of 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 warning vastly understates what is at play here. The sudden shortage of American Eagles indicates that more and more people who understand the truth about how bad the dollar is and are now hoarding the safe haven that is most easy to purchase. They're getting their households out of dollar-denominated investments and into God's Money now.

Despite warning signs everywhere, only a few Americans comprehend the depths of our monetary issues, the origins, or the impending outcomes. These investors comprehend that traditional financial wisdom is not sufficient to help them handle the difficult 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.

We believe that once the Mint begins taking orders for Silver Eagles again, they'll sell out their inventory anew.

At this point, we must ask ourselves: what alternatives does this leave people who want to invest in God's Money?




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