The Royal Canadian Mint just released their figures for the quarter showing record Silver Maples sales for the year. Sales of Silver Maples weren’t as strong in the third-quarter compared to the same period last year, but they outperformed Silver Eagles in percentage terms. Sales of both the Silver Eagles…
After experiencing a small build of inventory over the past few months, silver warehouse stocks at the Shanghai Futures Exchange are now back on the decline. Matter-a-fact, Shanghai Future Exchange (SHFE) silver stocks fell 11 metric tons today, nearly 10% in just one day. Silver warehouse stocks at the SHFE…
If you are interested in how the U.S. Mint produces Silver Eagles, check out this short video. James Anderson from JM Bullion sent this video my way. What is interesting about the video is that it shows the upgrade in the manufacturing process from 2011 to 2014. You will notice…
There was a huge development reported in the silver market last week and how did the precious metal community respond? They basically ignored it. Go figure. So, I will try again to get the word out by presenting it in a different fashion. Indian silver demand was so strong this…
According to GFMS, the world is expected to see a peak in silver mine supply in the next 2-3 years. This statement including this year’s supply and demand statistics were released in the GFMS 2014 Silver Market Interim Report for the Silver Institute. GFMS states the reason for the peak…
(by Charles Savoie) – “The fact that the British Government for India had SEVERAL HUNDRED MILLION OUNCES THAT IT MIGHT DUMP ON THE MARKETS OF THE WORLD NOT ONLY REDUCED THE PRICE OF SILVER ONE-HALF BUT, BY ITS THREAT TO FURTHER INDEFINITELY REDUCE SUCH PRICE, DESTROYED ITS VALUE FOR CREDIT….