Since the last U.S. Mint update, Silver Eagle sales have surged by 1.2 million in less than a week. The U.S. Mint updated its sales figures last week on Wednesday, September 8th, showing 750,000 Silver Eagles and 20,000 oz of Gold Eagles. However, when revised its sales figures today, it is showing…
In Tom Cloud’s newest update he discusses the silver price and where he sees it going in the next leg higher. Also, with the new Basel 3 ruling, Tom sees more Central Bank gold buying along with private demand which will positively impact the gold price. Tom and I agree that the next large move in silver…
Silver Eagle and Silver Maple sales surged in the first half of the year as investors continued to exchange fiat currency for real money. Both official silver coins experienced significant increases in sales as investor demand remained strong along with sufficient supply. However, with the shutdown of the U.S. Mint for the new design…
Both gold and silver continue to find large buying at support levels. With the metals continuing to consolidate from last year’s highs, there are some interesting dynamics taking place gold and silver market, especially with bullion premiums. Also, institutional investment in the Silver ETFs continues to be quite strong…
As the Fed and central banks desperately continue to buy treasuries and bonds to prop up the highly leveraged Global Ponzi Economy, sales of Gold Eagles continue to be RED HOT. According to the U.S. Mint, nearly another 20,000 oz of Gold Eagles were sold in the past two days. Also, the mint sold…
With the newest U.S. Mint update today, Gold & Silver Eagles sales continue to be quite strong as investors take advantage of lower premiums. Since the end of last week, the U.S. Mint has sold another 668,000 Silver Eagles. Already, Silver and Gold Eagle sales surpass the total last year by a wide margin…