More and more people are starting to turn their eyes towards gold and silver bullion as they are losing the faith that they once had in the world's monies and currencies. Silver bullion over the past month or so has been more favorable than gold and the United States Mint and their American Silver Eagle coins are the proof to show that.
When gold was at its highest, gold dollars were very popular but with the dropping in price of gold, those numbers dropped. There are investors out there that are saying that silver bullion is the next best thing as the Mint says that shipping of their Silver Eagle coins rose 50 percent from last February. The United States Mint says that they shipped 838,000 American Silver Eagle coins during the first week of February and that it is extending the record breaking month they had in January when over 6 million of the coins were shipped.
According to one official of an online gold trading and buying site, he says that there have been more interest shown in silver bullion over the past couple of months. '70 percent of the people who have been visiting our site have inquired about silver bullion with 30 percent of them showing interest in the American Silver Eagle coin' stated Trent Henkaline of the website, GoldShark.com.
Silver bullion is currently at its highest prices than it has been in over 30 years. The latest numbers show that the United States produced around 40 million ounces of silver over the past couple of years.
