With the release of the Royal Canadian Mint’s first quarter 2014 report, sales of silver maples increased substantially compared to the same period last year. While Silver Eagles sales in Q1 declined slightly year-over-year due to a backup at the U.S. Mint, Canadian Maple Leaf sales reported a 24% increase….
(by roguefaction) In the daily build up of the expectations of the baffled and bemused precious metals investor -now constantly whiplashed tween hope and despair -…and wherein the final breakout is always just around the corner – according to this GOFO reading, or that BACKWARDATION statistic… – we see something…
Due to the Fed’s QE policy of propping up the stock and bond markets while monkey-hammering the precious metals, the top primary miners gave away their silver at a loss in 2013. While some of the top 12 primary miners stated adjusted income gains for the year, all the companies…
Not only did the U.S. export 128 metric tons of gold in the first two months of the year, its supply deficit continues to increase. While gold exports to Hong Kong fell in February, Switzerland imported another 28 metric tons of gold during the month, more than twice the 12…
A recent Chairman of that private corporation in control of the finances – perhaps even, the destiny – of the USA for the past 100 years, famously referred to the yellow metal as “a barbarous relic”. Although this Ph’d prophet of policy-managed markets has hardly been a fount of wisdom…
The U.S. Mint just updated their Silver Eagle sales figures for May, and it was a whopper. Since the beginning of last week, the U.S. Mint sold 1.939,500 million Silver Eagles. This is a big number. Total for the month of May is already at 3,262,000 oz. We can see…