Commodity Trade Mantra

Posts Tagged ‘Silver Eagle Sales’

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.

Why Investing In Silver Is Vastly Superior To Investing In Gold Right Now

I am fully convinced that silver represents a historic investment opportunity right now. Let us also keep in mind that unlike gold, silver is constantly being consumed in thousands of different industrial applications. Unlike gold, our stockpiles of silver are disappearing. The wise see silver as ridiculously undervalued & they are stocking up on silver at an unprecedented level.

Major Buyers Continue To Stockpile Silver As U.S. Silver Imports Surge In April

U.S. silver imports surged to 531 metric tons (mt) in April, up from 459 mt in March. Total U.S. silver imports in the first four months of the year are up a stunning 505 metric tons (2,035 mt) compared to the same period last year (1,530 mt). If this trend continues, the U.S. will import over 6,000 mt of silver in 2015.

US Mint Runs Out Of Silver Coins On Same Day Price Of Silver Plunges To 2015 Lows

The U.S. Mint says 2015 American Eagle Silver Coins sold out & plans to resume sales in two weeks. In other words, no orders until August. But tell me – In just what supply/demand universe does such an explicit confirmation of a surge in demand for silver result in a plunge in the price of spot silver to its lowest level of the year!?

Something BIG Is About To Happen To Silver

U.S. silver bullion imports surged 44% in the first months of 2015 compared to the same period last year. Who is acquiring this silver… and why? Also as per the recent COT Report, the Commercials (big bullion banks) added a massive 18,595 new silver short contracts in just the last week. What does this all mean?

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.

The Chart Every Silver Investor Should See

If current buying trends continue for the remainder of the year, total Silver Eagle sales to reach 37 million and 475,000 oz of Gold Eagles. While sales of Gold & Silver Eagles will be lower in 2014 compared to the previous year, the Silver-Gold ratio is estimated to hit a stunning 78/1…. more than double the 33/1 from 2008-2013.

Gold Dips, Silver Eagle Bullion Coins Top 26 Million

American Silver Eagles sales in record year 2013 had topped 29 million through the first seven months. Silver Eagles advanced by 260,000 in the later hours on Tuesday. The gain lifted Silver Eagle sales over 26 million for the year, maintaining a pace that is the second quickest in the coin’s 29-year history.

Record Silver Eagle Buying Seen Even As Analysts Mislead The Public

Some analysts argue the downside to silver prices is much worse than gold. But US Mint sold more Silver Eagles in Feb & Mar 2014 than ever in the same time-period in previous years, surpassing 2013?s by nearly 2.4 million.Even when Gold ETF’s in 2013 saw massive sell-offs, Silver ETF’s had increments. WHY?

Silver Eagle Sales Hit A New Record In March

Sales of the U.S. Mint Silver Eagle has reached 4,476,000 at the end of the week & even surpassed the amount sold last year by over one million. If Silver Eagle sales top 500,000 on the last reporting day, total sales in March could surpass 5 million and overtake January as the highest monthly amount.

Important Charts On Sales Of Gold And Silver Eagle Coins

In the 28 years that the U.S. Mint has been producing the Gold and Silver Eagle coins, over 360 million Silver Eagles and 20 million Gold Eagles were sold. This turns out to be a historic Gold – Silver Eagle sales ratio of 18/1.

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