Your bullion dealer's at odds with the US Mint, where sales have plummeted.
Feb. U.S. Mint Coin Sales Weak; Dishoarding, Premiums Behind Decline
“It’s been a trend since the beginning of 2017,” said Peter Hug, global trading director of Kitco Metals. “There has been a massive amount of dishoarding metal in the North American market.”
Hug said he has been in the metals business since 1974 and has never seen the current situation before, especially in silver, where prices are within $1 of their lowest level in the last few years, yet liquidation continues.
“The reason is because investors – especially since 2011 – have been discouraged in the market.”
silver investment: The Lowest Risk, Highest Return Potential, page-138
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