US Mint Admits A "Global Silver Shortage", Yet The Silver Price Is Still 220% From Its Inflation-Adjusted All-Time Record High Of $160! Probably Nothing...

Does the admission even matter, and what if inflation is, and has been for decades, severely understated?

(by Half Dollar) A lot of people are talking about a certain US Mint Facebook post that went out regarding silver delays and whatnot.

Of course, I told people to load up on Silver Eagles from the US Mint last October:

And people who don't read very well misunderstood what I wrote in that article and went all around YouTube saying all sorts of stuff about me getting it wrong, even though I didn't.

Regardless, is it really a surprise that the US Mint is using the phrase "global silver shortage"?

I guess to some, it is!

From the US Mint just today (bold and bold added for emphasis and commentary):

The United States Mint is committed to providing the best possible online experience to its customers. The global silver shortage has driven demand for many of our bullion and numismatic products to record heights. This level of demand is felt most acutely by the Mint during the initial product release of numismatic items. Most recently in the pre-order window for 2021 Morgan Dollar with Carson City privy mark (21XC) and New Orleans privy mark (21XD), the extraordinary volume of web traffic caused significant numbers of Mint customers to experience website anomalies that resulted in their inability to complete transactions.

In the interest of properly rectifying the situation, the Mint is postponing the pre-order windows for the remaining 2021 Morgan and Peace silver dollars that were originally scheduled for June 1 (Morgan Dollars struck at Denver (21XG) and San Francisco (21XF)) and June 7 (Morgan Dollar struck at Philadelphia (21XE) and the Peace Dollar (21XH)). While inconvenient to many, this deliberate delay will give the Mint the time necessary to obtain web traffic management tools to enhance the user experience. As the demand for silver remains greater than the supply, the reality is such that not everyone will be able to purchase a coin. However, we are confident that during the postponement, we will be able to greatly improve on our ability to deliver the utmost positive U.S. Mint experience that our customers deserve. We will announce revised pre-order launch dates as soon as possible.

Good grief that's weird!

Usually the reality is such that price goes up, but then again, I would have to know something about supply and demand to understand that, and since I'm an idiot, I'd never be able to acquire such profound knowledge.

Nonetheless, that's sort of like an admission, isn't it?

In any case, every single person and every single entity are going to need to step up their game, because there is going to be a lot of explaining, and admitting, to do, for silver is the one single thing on the entire planet that has unrelenting, overwhelming demand amid so very little precious supply, and yet, silver's current US dollar price, according to the Fed, so taken at face value, pun intended, or not, or whatever, is still more than 220% away from all-time record highs on an inflation-adjusted basis:

And we're going to be there soon too, because it's kinda-sorta really hard to hedonically adjust something that is the same as it ever was.

That is to say, one ounce of .999 fine silver is one ounce of .999 fine silver is one ounce of .999 fine silver is one ounce.

What, exactly, is one single Satoshi, again, other than a digital liability?

But I digress.

Silver is also the one single thing both the American Deep State and the Globalists, as well as the Cartel, fear more than anything else in the entire world.

This all reminds me of how it has been going with computer graphics cards over the last year, but it could be any industry, really, in that there is a MSRP from the manufacturers (think mints), and yet, graphics cards (think silver coins) are nowhere to be found from any of the main retailers (think bullion dealers).

In fact, pretty soon, in my opinion, there will be 24/7 YouTube livestreams (one of many below) showing stock alerts for physical silver just like the streams that show stock alerts for graphics cards:

All out of stock, always!

Can you imagine competing with and trying to out-click the HFT Algos searching for the shiny phyzz, and can you imagine trying to compete with those computer algorithms' faster network connectivity, if not direct point-to-point connectivity, in the search of in-stock silver coins?

Yikes!

I mean, it's quite possible that all of the major bullion dealers totally run out of physical silver and the price will still be below fifty stinkin' bucks the ounce!

Like, you know how GameStop no longer sells the new Xbox consoles or the PlayStation 5 consoles because they simply aren't available, and as such, the company behind everybody's favorite meme stonk has resorted to selling bobblehead dolls, action figures and other cheap Chinese toys and trinkets for grown men?

Kinda like that.

Shameless Plug Time: If you like a watered-down Half Dollar, on Wednesdays I write a Midweek Market Report over at the best online gold & silver bullion dealer's website, which, this week, sheds some pretty interesting light on inflation, including information you've likely not seen anywhere else, and the article is also accompanied by video analysis of the charts:

Thank you for your consideration!

Back on track: The US Mint is acknowledging a "global silver shortage", so that's a big deal, right?

Well yes, and no.

It is a big deal because yes, on the one hand, the US Mint's admission provides further vindication for all of us who have been talking about silver shortages for years, but on the other hand, there's this pesky little thing called "the Cartel", which has an entire army of mainstream media propagandists, and there's also this bigger pesky little thing called "the Beast", and it is not like there aren't sufficient Gamblers in the Rigged Casino, quite content with spoonfeeding that Beast, and, by extension, or by the Gamblers' own realized or soon-to-be realized losses, quite content with enabling the manipulative price suppression of silver and quite content with perpetuating the silver market rigging, so there's that too.

In other words, sure, the US Mint is in a pickle, but the US Mint is run by the Cartel, and what is the Cartel to do?

The Cartel will do whatever in the heck it wants to do!

That's what.

So, there will be raffle-lottery systems to purchase silver coins, there will be limited windows of opportunity to purchase, there will be purchase limits, there will be shipping delays, there will be backorders, there will be plenty of opportunity to sign up for in-stock alerts, there will be so on, and so forth, and there will be all sorts of stall tactics deployed to make it seem like the US Mint is doing something when all the Mint is really doing is helping the Cartel hold on to its dying system for just a little while longer.

The US Mint is either doing this knowingly, or unknowingly, and not that it really matters, but for those who think the US Mint is "on our side", well, I'm not really sure whose side the US Mint is on, but I do know that currently, obviously, the US Mint is not on the side of the US Constitution when it comes to the US Constitution's requirement that gold & silver be our money.

The people do have to know, after all, exactly what they're fighting for.

You know?

Here's the thing: It's not advanced economics, much less is it rocket science, but rather, it's just basic math: We have allowed evil corruption to Unconstitutionally take over the United States of America, and as a result, we have unbacked, debt-based fiat currency dependent on exponential, unsustainable growth, Unconstitutional money formally known as the "Federal Reserve Note", and commonly called the "US dollar", so the shortages brought about by the hyperinflation are not just a bug but a feature.

Shortages will be anywhere and everywhere, and if you haven't figured this out yet, um, yeah.

Good luck with that.

And if you are trusting in the modern US Dollar-based financial system as it is?

Then good luck with that too.

Of course, when America in 2021 mostly consists of Brainwashed Masses, Walmart Zombies and Sheeple:

Artificially-induced, high-powered sedation is what we get.

But hey, for the clueless, at least we're right back at all-time record highs:

It would be funny if it weren't so tragic that so many people trust in this corrupt, evil system.

On second thought, it's not really tragic at all:

I mean, we do, after all, just love it when Elderly American Savers get screwed or when America's Youth gets enslaved.

And by we, I mean Rick Rule anyway, for he absolutely loves it!

But I digress.

Yes, again.

It happens.

Get over it.

This is not money:

It is Unconstitutional currency that is shoved down our throats.

Copper is better currency:

At least back in the day, until 1933 for gold and 1964 for silver, one could exchange in his or her copper pennies for real money.

Imagine what's going to happen to the so-called "recovery" when gasoline hits $5 and then $10 per gallon:

Spoiler alert: Biden's one-upping of Trump in the jobs department is going to give the statisticians a real headache when trying to make the numbers work.

But don't take 'Ol Half Dollar's word for it, see it from Uncle Joe (or someone, or some thing) himself:

We have created more jobs in our first three months in office than have ever been created in the first three months of any presidency - about 1.5 million new jobs.

It's MAGA 2.0 baby!

Just don't get to learning about that dang chocolate ration, okay?

OK, "Hey Half Dollar, what chocolate ration?".

Well, since you asked, the only chocolate ration that matters, of course (bold added for emphasis and commentary):

With the tobacco ration at 100 grammes a week it was seldom possible to fill a pipe to the top. Winston was smoking a Victory Cigarette which he held carefully horizontal. The new ration did not start till tomorrow and he had only four cigarettes left. For the moment he had shut his ears to the remoter noises and was listening to the stuff that streamed out of the telescreen. It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.

Because that's where this is all heading, isn't it?

Platinum is heading to da moon:

Although not in the way that most people think.

Palladium is heading for parity with gold & silver:

That is to say, like gold & silver, palladium is both a valuable commodity and a monetary metal, and like gold & silver, palladium will be seen, and stacked, as such.

Speaking of the original monetary metals:

It's looking like I will be wrong about my "silver in the teens" call.

Of course, not if we get a correction in gold down to $1775 or lower:

At this point, I'm not sure what to expect, really.

Except, I do expect the Cartel to be trying its hardest for that one last major smashing down into the teens:

Do you even wash, rinse and repeat, bro?

If the Cartel is not successful, then one thing is beyond certain: The Cartel will be mad.

Very, very mad.

Thanks for reading.

Stack accordingly,

Paul "Half Dollar" Eberhart