Gold rush. Welcome to the era of gold!
Gesara.news » News » Gold rush. Welcome to the era of gold!News Date: February 3, 2021
Gold, silver coin demand surging, straining U.S. Mint capacity.
The US Mint is limiting the distribution of its gold, silver, and platinum coins to specific dealers because of heavy demand, and a limited number of suppliers of metals.
Unprecedented silver demand forcing bullion deals to stop taking orders before the market opens.
After creating massive short-squeezes in stocks like Gamestop, Blackberry, and AMC, retail investors mobilized over social media started to focus on the silver market.
Sources: www.reuters.com, www.kitco.com
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Retailers large and small have urged shoppers to use cards or exact change whenever possible.
As the shortage persists, it's become clear that there are still some conundrums that only coins can solve.
The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.