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Is the US Mint effecting Bullion Prices of Silver?
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<p>[QUOTE="dave92029, post: 976904, member: 26916"]...if the demand is there, as you agree, and IF there were "only" 10 Million ASE's produced per year (the average prior to 2008) then wouldn't that demand drive up the price of the available units in circulation? </p><p><br /></p><p>What is the reason for a 350% increase in annual production if not to keep prices down?</p><p><br /></p><p>Here are the annual production figures from Elaine1970:</p><p>1986----5,393,005</p><p>1987---11,442,335</p><p>1988----5,004,646</p><p>1989----5,203,327</p><p>1990----5,840,110</p><p>1991----7,191,066</p><p>1992----5,540,068</p><p>1993----6,763,762</p><p>1994----4,227,319</p><p>1995----4,672,051</p><p>1996----3,603,386</p><p>1997----4,295,004</p><p>1998----4,847,549</p><p>1999----7,408,640</p><p>2000----9,239,132</p><p>2001----9,001,771</p><p>2002---10,539,026</p><p>2003----8,495,008</p><p>2004----8,882,754</p><p>2005----8,891,025</p><p>2006---10,676,522</p><p>2007----9,028,036</p><p>2008---20,583,000</p><p>2009---30,459,000</p><p>2010---21,888,500 (not final)[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 976904, member: 26916"]...if the demand is there, as you agree, and IF there were "only" 10 Million ASE's produced per year (the average prior to 2008) then wouldn't that demand drive up the price of the available units in circulation? What is the reason for a 350% increase in annual production if not to keep prices down? Here are the annual production figures from Elaine1970: 1986----5,393,005 1987---11,442,335 1988----5,004,646 1989----5,203,327 1990----5,840,110 1991----7,191,066 1992----5,540,068 1993----6,763,762 1994----4,227,319 1995----4,672,051 1996----3,603,386 1997----4,295,004 1998----4,847,549 1999----7,408,640 2000----9,239,132 2001----9,001,771 2002---10,539,026 2003----8,495,008 2004----8,882,754 2005----8,891,025 2006---10,676,522 2007----9,028,036 2008---20,583,000 2009---30,459,000 2010---21,888,500 (not final)[/QUOTE]
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