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Silver Squeeze Drives U S Mint Silver Shortage
AP News analyzes shrinking U S silver hoard as demand from industry and world use outpace production. Treasury stockpiles 694 million ounces, down from 2.1 billion in 1958, with debates on freeing 465 million ounces pledged for silver certificates and potential price rises to curb hoarding. World usage tops 400 million ounces annually.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
U.S
Treasury
U.S. Treasury
United States
Mint
Asia