Royal Canadian Mint’s Position on Gold/Silver

Huh, we’d think that Royal Canadian Mint, should have a large stockpile of Gold/Silver to make it’s bullion/coins, but instead, they’ve been leasing Gold/Silver?

http://dailydose4u.wordpress.com/2008/05/04/why-is-canadas-mint-doubling-its-gold-silver-debts-the-first-three-months-of-2008-have-already-evaporated-its-supposed-2007-profit-with-precious-metal-price-hikes/

Meanwhile, dealers across the country has been reporting Silver shortage since March: http://seekingalpha.com/article/69687-looks-like-there-s-a-silver-shortage – hopefully it’s not because that the Mint is having difficulty leasing more Silver, otherwise it’s in big trouble.

Silver ETF holding has been in a steady climb compared to gold ETF according to http://www.resourceinvestor.com/pebble.asp?relid=42487

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