November is proving to be a big production month for Silver American Eagles. At 3,875,000 it is the largest amount of any month so far in 2010 and the month isn't over yet. The year-to-date running total for Silver Eagles is a whopping 32,505,500. It's going to be a big year.
Because of their popularity, premiums are running in the area of 10-11% (and higher). If you are looking for silver that has a lower premium, you might want to look at silver rounds. These are one-ounce silver bullion coins offered by major refiners and private companies. I'm not a big fan of some of these but by staying with the large and reputable providers, you can safely get more silver for your hard-earned money and be able to cash out when you want.
The silver round you see pictured is the popular Silver Prospector made available by Engelhard, a major refiner highly regarded in the industry. Any silver product you can buy (at a reasonable price) with the Engelhard hallmark is an excellent buy. Be sure to shop around for the best price.
Thanks for reading.
Wednesday, November 24, 2010
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