Commodity Trade Mantra

Posts Tagged ‘Perth Mint’

The Silver Market - One Investor Away from Implosion

1.6 million is the base number of investors in the US, who either acquire silver on an ongoing basis or who have acquired a small amount of physical silver in recent years. A confirmed small change in their current investment habits is taking place. Can you imagine the impact this small change would have on the silver market? Where would the silver come it from?

Acute Silver Coin Shortage as Demand Hits the Roof

The global silver coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand. Silver prices have fallen 7% this year, are on track for their third yearly loss and down by 70% from all-time highs of $50 hit in April 2011.

Perth Mint and US Mint Cannot Keep Up With Gold Bullion Demand Surge

Depressed prices have led to a surge in physical demand for silver and gold bullion globally, resulting in delays in receiving the bullion and indeed to rising premiums. Asian gold bullion demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions. There is also a huge demand for coins from individual buyers in the U.S. & Europe.

U.S. Mint Sells Over 750,000 Silver Eagles In One Day

The market reacted to the big drop in the paper price of silver by a huge increase in Silver Eagle purchases. In one day, the U.S. Mint sold 766,000 Silver Eagles, which is more than double the 379,000 oz Gold Eagles sold to date this entire year. The total U.S. Mint silver sales for the first 3 quarters of the year is 32,251,000.

Does Surging Demand For Gold & Silver Coins Signal a Bottom?

There’s no guarantee that this gold and silver demand, bullion coins buying, encouraging as it seems, is anything more than a blip. But in the aggregate it does seem like a lot of buyers, individual & national, old and new, are finding current prices to be attractive. That’s how bottoms form and new bull markets begin.

Silver Bullion Coin Sales Rose to Record High in 2013

Strong investment demand for silver drove global sales of one-ounce silver bullion coins to an all-time record high in 2013, and investors’ interest in acquiring silver coins is healthy in the opening weeks of 2014. Already this year, over 6,500,000 American Eagle Silver Bullion coins have been sold.

Silver: Coins At Record High Sales And Advances In Industrial Applications

With two months to go in 2013, the U.S. Mint already has surpassed last year’s sales of American Eagle Silver Bullion Coins and is on track to beat the 2011’s all time high record – People see silver as an important part of their portfolios and are buying larger quantities than they used to.

Gold – You Better Hold It

When it comes to precious metals, April 2013 was characterized by extreme price swings, historic facts & figures, and remarkable news stories. […]

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