BEWARE: What If This Retail Silver Investment Shortage Doesn’t End?

One of my readers contacted me yesterday with some interesting information.  He stated that he called his coin shop and found out that new Silver Eagle orders will not be available until 2016.  I wanted to know if this was true, so I contacted some of the large online Dealers and asked them what the current situation was in the silver supply demand picture from their perspective.

I did get conformation from one source (dealer) that they were no longer taking new orders for 2015 Silver Eagles.  Now, this does not pertain to “pre-ordered” Silver Eagles by some of the retailers from the Authorized Dealers.  Thus, some retailers may have purchased Silver Eagles 6-8 weeks ago, and will finally receive delivery in say 3-4 weeks.  So, when an individual goes to one of these online dealers websites and notices Silver Eagles for sale with a 3-4 week delivery wait time, these were already pre-sold by the Authorized Dealers.

Basically, a good portion of the Authorized Dealers allotments of Official Silver Coins such as the Silver Eagles have already been sold to the Dealers.  So, when the U.S. Mint sells their allotment of 750,000 Silver Eagles to the Authorized Dealers beginning of each week… they are already accounted for.  Which means, many of the Authorized Dealers (wholesalers) have sold 2+ months forward of their Silver Eagle allotments.