Loading ...I looked at the US Mint site and its true. Coin sales are up, with Wall Street prices lower. I’m not surprised
Normally, supply and demand used to determine the prices, but in this ass hole special interest manipulated man made casino economy, they move the dollar value up or down, which changes prices, and that in turn changes the supply or demand, instead of the normal function of price, to allocate supply and demand.
For example, the lower dollar over time drove gold to $1,900. That made people turn in scrap jewelry, and producers dig faster and deeper. Obviously increasing the supply.
The low prices are opposite. Less people turn in scrap jewelry, producers shut down mines, lay off miners, and cut back production. That excess production is probably getting consumed more than normal because the prices dropped.
In other words, high prices cause low prices, and low prices cause high prices. Equilibrium, or stability is fleeting and temporary, maybe only one day or one month, on the way up or down. If the price stays too low too long, the shortage could cause a strong rebound in price.
http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=bullion
Stability causes stability, but TPTB don’t seem to want that.