Answer
Feb 24, 2025 - 03:45 PM
In the past, whenever concern about a financial and economic breakdown spread, there were episodes of gold coin bottlenecks and actual shortages. In 2008-2009 at the height of the financial crisis, for example, demand was so great that the national mints could not keep up with it. The flow of historic gold coins from Europe was also insufficient to meet accelerating demand both there and in the United States. Premiums shot up on all gold and silver coins, and a scramble developed for what was available. We experienced similar supply tightness during the 2020 pandemic lockdowns. There is an old saying that the best time to invest in gold and silver is when everything is quiet. I would underline that sentiment. The demand for newly minted bullion coins is up dramatically due to the pandemic stimulus and rescue programs globally, and the premium on the American Silver Eagle is now at record levels. When market sentiment is tightly wound like it is now, the best strategy is to act in advance of the next wave of crisis, if for no other reason than to save on acquisition costs. At present, there are still a number of bullion items that can be acquired at normal premium levels, and if you contact us, we can provide some guidance on your acquisitions.
