Silver Eagles – David Morgan & Silver Eagle Shortage

In the video Silver Investors Find Bubble Wildly Exaggerated we talked about how the TV pundits who were talking about the end of the silver bubble had it all wrong. The fundamentals for silver remained strong and were increasing demand while silver supply was not keeping up. The world has been drawing down on its above ground silver stocks to meet demand for 16 years and mined silver has not kept up.

In this video noted silver expert David Morgan talks about the coming shortage of Silver Eagles with a twist. By law silver eagles must be produced with domestically mined silver and US production of silver has not been sufficient to meet demand. So unless the law is changed or US silver production dramatically increases we are going to be coming to a point where there won’t be enough silver eagles produced to meet the demand. The problem with increasing US production is that all of the silver in the US that was easy to find and inexpensive to mine has been exhausted. Much of it was used for industrial uses and has been consumed.

David Morgan is interviewed by Mike Maloney who you may recognize as the precious metals investment advisor to Robert Kiyosaki, author of the most successful financial book in history, Rich Dad, Poor Dad. Since 2005 Michael Maloney has been the precious metals investment advisor to Robert Kiyosaki. Michael is the author of Rich Dad Advisors: Guide to Investing in Silver and Gold [ReviewAZON asin=”0446510998″ display=”inlinepost”] which is part of Robert Kiyosaki’s “Rich Dad’s Advisors” series of books. It is also available in a Kindle edition which you can download and start reading immediately. Don’t have a Kindle? You can also start reading it on your PC with a free app from amazon.

Michael is bullish on silver and specializes in physical bullion as well as being an expert on business cycles. Through his speaking engagements on wealth cycles he advises his clients how to take advantage and profit.

For more great information on investing in silver visit our silver bullion investing page. Find great advice on investing in the precious metals whether your interest is gold, silver, platinum or one of the other precious metals. You can find advice on investing in precious metals bullion, mining stocks or precious metals ETFs.

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