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<p>[QUOTE=&quot;medoraman, post: 1531071, member: 26302&quot;]So you are ignoring the EXPLOSIVE demand for coins that has occurred in the last 5 years, and trying to say something is wrong with supply and demand? Demand does not CARE what the use is for, only that there is demand. </p><p><br /></p><p>YES, I am trying to say &quot;non-traditional&quot; demand like the historically record setting mintages of about every bullion coin in existence the last few years HAS caused prices to explode. If industrial demand is steady, mining is up, what else really can explain it except inventory building, which has occurred as well.</p><p><br /></p><p>Anyone can look as ASE mintages from 1986 to date. Which are, BY FAR, the highest mintages of the entire series? This trend has been followed by all bullion coins. From 1986 to 2007 the highest mintage year was about 11 million, and most were around 8 million. From 2008 onward ALL YEARS mintages are between 20 and 40 million. Multiply this times all bullions series and you see quickly where a few hundred million extra ounces have gone. YES, on the margin that quantity is enough to move the market.[/QUOTE]</p><p><br /></p>

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