This article is a follow-up to our last blog which discussed the merits of owning physical gold. Both novices and long-time investors stand to benefit from a review of the basics of owning physical silver. The following list contains some, but not all, of the reasons to buy tangible silver. Some items on the list hold true for any precious metal, others are unique to silver.
Recently on more than one occasion I have come across bloggers essentially claiming that United States Mint is failing in its legal mandate to meet domestic investor demand for Silver Eagles. They argue that this especially holds true when market factors lead to significant increases in demand. Arguments range from poor management to nefarious intent to drive up Silver Eagle prices. As one of only twelve organizations worldwide that can buy Silver Eagles directly from the U.S. Mint, Jack Hunt Coin Broker has a clear picture of both the supply and demand issues involved with Silver Eagles. There are numerous reasons, that work individually and/or in conjunction that sometimes affects Silver Eagle supply. Consider the following: