by Chris Powell
GATA.org
Dear Friend of GATA and Gold:
The U.S. Mint today issued to its customers what it called a “clarification” regarding its May 28 statement —
— citing a “global silver shortage” as the cause of the mint’s suspending orders for new silver coins.
But today’s statement was more like an obfuscation than a clarification.
In its statement today the mint said the shortage it cited May 28 “pertains only to the supply of silver blanks among suppliers to the U.S. Mint.”