Commodity Trade Mantra

Posts Tagged ‘Silver Bullion Coins’

Premiums and Delivery Delays Rise on Silver Coins and Bars

Premiums on silver eagles have been creeping up & wholesale premiums have risen from 14% in May to over 25% this week. The shortage of silver coins is due to continuing robust demand and a lack of supply of silver bullion coins. Silver eagles remain probably one of the best proxies for silver coin demand & also of investment & store of wealth demand for silver.

Global Scramble For Silver - Coins Hard To Get, Premiums Likely To Jump

There is blood in the streets of the silver market with futures speculators long silver, again having their heads handed to them on a plate & incurring sharp losses. However, the silver sell off has again seen a global scramble for physical silver. There has been a global scramble to acquire silver bullion coins & bars after the price falls.

Gold Jumps 1.8%, Silver Eagle Bullion Coins Top 27M

American Silver Eagles turned up 380,000 for 955,000 on the week so far, the most sold in a week since the one ended May 9. They also hurdled 27 million for the year to maintain a pace that is the second quickest in the coin’s 29-year history. Silver Eagle sales in record year 2013 had topped 30.2 million through Aug. 6, 2013.

Silver Remains in a Tug of War Between Supply and Demand

Silver is not benefiting even though it has so much industrial use as people still call it a precious metal. Until the financial system blows up again, the tug of war between supply and demand in the silver market is likely to restrain silver prices for the immediate future.

Is a Silver Supply Shortage on the Horizon?

It’s in part because of the many uses, both as an investment and industrial metal, that some silver market watchers think at some point — perhaps in the near future — demand for the metal will exceed supply, creating a shortage. Silver also has myriad technological and medical applications.

Silver Saw Net ETF Inflows, Compared To Gold’s Insane Decline

Holdings in silver ETFs, which allow ordinary investors to track prices without owning physical metal, were at 655 million ounces as of Oct. 31, up 25 million ounces from the start of the year – Compare that with holdings in the equivalent gold products, which saw outflows of 806 metric tons in 2013.

The Biggest Fear in Retirement and the Golden Solution

For those nearing retirement I would recommend you be positioned at 10% in precious metals by the time you stop working full time. Think of your core holdings as insurance and as you know, gold and silver are ideal for this type of insurance.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook