U.S. Silver Eagle sales this year are RED HOT pushing total silver investment demand to record highs. According to the U.S. Mint’s most recent update, Silver Eagle sales in 2020 have surpassed 30 million and may continue to increase over the next few weeks in December. Also, for the first time…
Something totally shocking took place last week, and it seems like no one really noticed. Actually, I am quite surprised when I saw the data as it was the biggest change in the U.S. money supply… EVER. And, I am not exaggerating. Investors need to be very concerned now…
With the precious metals prices are still consolidating, copper looks ripe for a correction lower. Currently, copper holds a record amount of commercial short positions, the highest in over 25 years. While the copper price may move higher, it will likely experience a correction soon as several indicators…
The surge in the gold and silver prices today was the result of the large Dollar sell-off. The U.S. Dollar has been trading off an important support level for the past four months, but finally broke below it today, causing a nice really in the precious metals. Gold was up $40…
Investor demand for precious metals remains strong as the U.S. Mint Silver Eagle sales in November were the highest in nine months. Not only were Silver Eagle sales the highest since March, when the pandemic caused investors to wipe-out inventories, but Gold Eagle sales also jumped by another…
Over the past fifty years, the precious metals prices exploded higher. While the gold price reached new highs this year, silver is still 50% lower than its previous high set in 1979 and 2011. Many precious metals analysts and investors believe that the “underperforming” silver price must be due to…