Things are really heating up.
Earlier today I brought you a report that the Perth Mint was reportedly OUT of physical silver.
— Wall Street Silver (@WallStreetSLVR) March 16, 2021
Now reports are breaking that the Mexican Central Bank is also suspending production of the Silver Libertad.
(There HAS to be a better name than Libertad, right? Reminds me of the Libtards. But I digress….)
Take a look:
— Wall Street Silver (@WallStreetSilv) March 26, 2021
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver, whose family operates Banco Azteca, reports that the Mexican central bank, the Banco de Mexico, has suspended production of the famous Mexican silver Libertad coin —
— attributing the decision to difficulties caused by the coronavirus epidemic.
Banco Azteca long has purchased the Libertad coins from the central bank and sold them to the public, with monthly sales lately reaching 50,000. Now, Salinas Price says, the only Libertads Banco Azteca can obtain are those its customers are willing to sell.
Of course in recent months the U.S. Mint also has reduced or suspended production of U.S. gold and silver coins, again blaming the virus epidemic.
People familiar with gold and silver price suppression policies of governments and central banks and with the tight conditions in the gold and silver markets suspect that the epidemic is being used as an excuse for decisions by the mints not to enter the market for monetary metals when demand is high, supplies are tight, and increased production of gold and silver coins might drive prices higher and encourage more demand.
GATA has asked the Banco de Mexico for comment.
And watch this:
My friends over at DISME still have some silver Trump coins left, although even they have many sold out and no longer available.
These are some of their latest (if they’re still in stock):
The MAGA Lion:
General Flynn – Real American Hero, very nice:
And the classic Make America Great Again hat!
More resources for silver here: Getting Started With Silver.
Not telling you what to do because I’m not a financial advisor, but as for me and my house, we are stacking silver.
Coins and bars.
In my physical possession in my safe.
How about you?