Commodity Trade Mantra

Posts Tagged ‘Gold Eagle’

It is all about Gold and Devaluing Fiat Currencies

Gold and silver were used because they held value, were universally recognized, accepted & convenient. Gold and silver were used as honest money until central bankers gained control over the money. If you prefer debt based fiat currencies that can be created by the trillions with a keystroke & devalued overnight, then by all means, trust in those dollars, euros & yen instead of gold.

Silver Eagle Sales Surpass 2013 Record At Nearly 43 Million

A strong weekend demand pushed total annual Silver Eagle sales to 42,864,000 over last years previous record of 42,765,000. The US Mint sold another 187,000 Silver Eagles today, bringing the annual total to 43,051,000. Sales of the 2015 (possibly a pivotal year) Silver Eagles could be very strong in the beginning of the year. Got Silver?

Shanghai Silver Stocks Fall & Silver Eagle Sales Rise Continue

Silver Eagles sales by the US Mint increased 700,000 to over 2.4 million this Monday. Yesterday another 350,000 were sold for a total of 2,765,000 for the month. Total sales of Silver Eagles so far this year are 30,911,000. Silver Stocks at the Shanghai Futures Exchange hit an all-time low today as the price of silver trades in the $17 range.

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