Precious metals investors are wondering if the Silver Price is close to bottoming. In this newest update, I provide my analysis of the silver market and how close we are to bottoming. Also, I discuss what is happening with Silver Premiums and why we may be close to seeing a tightness in the wholesale silver market…
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…
With continued strong demand for precious metals, U.S. Mint Gold Eagle Sales already surpassed last year’s total, and there are still four months remaining in the year. That turns out to be a great deal of investor money. At $1,900 per coin, that’s $1.6 billion so far this year. Also, Silver Eagle sales nearly reached…
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…
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…
With the silver price showing some weakness after it fell below an important technical level, what’s next for the shiny metal? Also, what’s going on with U.S. Mint Silver Eagle sales this month? Have Silver Eagle sales continued to be strong even with premiums at $9-$10 per coin above spot for the new design?