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<p>[QUOTE=&quot;mike98024, post: 337702, member: 10019&quot;]WoodenSpoon Boy said &quot;How is the mint losing money if they bought the silver to make the coins at a time where it was at a lower cost.&quot;</p><p>&nbsp;</p><p>The reason commodity sellers like oil companies and the mint do that is that the replacement costs of the material can be so high that there isn&#039;t enough money left to fully&nbsp; replace the stock (silver) that they sold. I don&#039;t like defending oil companies, but they MUST generate enough current revenue to fully replace stock at current prices or they run behind on demand. That would drive prices even higher. The mint has to do the same because if there is a large spike in prices, say 30%, in the time it takes them to sell out they would only be able to replace 70% of the silver. Make sense? Mike[/QUOTE]</p><p><br /></p>

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