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<p>[QUOTE=&quot;dave92029, post: 976804, member: 26916&quot;]The price of one, three, or five ounces of Silver is about the price of one fill up with gas, depending on what vehicle you drive. This means that almost everyone can probably afford to buy a few SAE. The current price of Gold is approx. 68 times the price of Silver. I don&#039;t recall exactly where I read this, but I believe that over the long term the ratio of Silver to Gold has been approx. 54 to one. This would indicate that Silver is under valued when compared to the price of Gold.</p><p><br /></p><p>US Mint Sales after only 7.5 months in 2010:</p><p>2010 bullion ASE unc one ounce silver sales report - 22,255,500</p><p>Annualized is approx. 35,000,000 + ounces. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I have reviewed several eBay auctions of 2010 SAE and the premiums being paid over the Spot price in many cases is much higher than local dealers charge. Some auctions look like a feeding frenzy, where the Spot price is not relevant.&nbsp;&nbsp; </p><p><br /></p><p>With all the bullion coins that the US Mint is producing and selling is the Mint effecting the market price of Silver? Is the Mint depressing the spot price because of the enormous supply of SAE that the Mint is producing? :yes:[/QUOTE]</p><p><br /></p>

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