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…
With the results finally out, the market overwhelmingly chooses to purchase official silver coins over gold. I was patiently waiting for the Austrian Mint to publish their 2013 Annual Report releasing the gold and silver Philharmonic sales for the year. Unfortunately, the Austrian Mint’s 2013 Annual Report will not be…
Canadian silver production declined significantly in the first two months of 2014 compared to last year. The huge drop off in production was due to the closure of two base metal mines and one primary silver mine in 2013. Silver production in Canada declined from 119.5 metric tons (3.84 million…
There is one factor in the silver market that the Fiat Monetary Authorities and Banking Institutions are deeply concerned about. It has to do with controlling the public’s understanding of what is “Real Value” versus “Perceived Value.” While the Fed and its cohorts in the banking industry continue to print…
Not only did Canadian Maple Leaf sales shatter all records in 2013, their percentage gain was twice as much compared to Silver Eagles. The Royal Canadian Mint just released their 2013 Annual Report and sales of their Silver Maples were the highest on record. You see, there’s a new Silver…