Commodity Trade Mantra

Posts Tagged ‘Canadian Silver Maples’

Silver Investment Surge Pushes North American Domestic Supply To Record Deficit

Total sales of Silver Maples & Silver Eagles of 81.3 Moz in 2015 is 33.7 Moz over domestic silver mine supply of 47.6 Moz from U.S. & Canada. This includes sales of Only the two Official Silver Coins. U.S. & Canada had to import 33.7 Moz to produce just these two. While they continue to import silver to meet current silver investment needs, it may not be true in future.

Canadian Silver Maple Leaf Sales Hit New Record Q1 2015

The U.S. Mint sold 12.1 million Silver Eagles in Q1 of 2015 compared to 13.9 million during the same period last year, a decline of 13%. On the other hand, Q1 2015 Canadian Silver Maple Leaf sales actually surpassed both records set in Q1 (8.2 Moz) and Q4 (8.4 Moz) & increased by 700,000 oz or by 8.5% to 8.9 Moz.

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