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<p>[QUOTE=&quot;coinhead63, post: 1357246, member: 28001&quot;]The government should have taken a loss except the acts created by congress (pointed heads again) due to lobbyists fixed the price it would pay for silver no matter what the production amount thus creating an artificial demand for silver mining.&nbsp; The value of silver should have dropped gradually in value due to the surplus.&nbsp; However, the economy grew enough over time to catch up to the surplus silver until 1964 when it cost more to mint 90% silver coins than their face value.&nbsp; Then finally when it was legal for U. S. citizens to own gold bullion legally this further bolstered the prices of PMs.&nbsp; If I&#039;m not mistaken, the U.S. government inventory of gold and silver is still assesed at a&nbsp; severely sub-market value per oz on their ledger.[/QUOTE]</p><p><br /></p>

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