SILVER 0.30% $15.25 silver futures

Surplus with this kind of demand...?US Mint Sells Nearly 3/4...

  1. 2,388 Posts.
    Surplus with this kind of demand...?

    US Mint Sells Nearly 3/4 MILLION SILVER EAGLES 1st Day of October!

    Yesterday 10/3, the US Mint sold a whopping 737,000 Silver Eagle 1 oz coins in a single day!
    To put this number in perspective, in Dec of 2010 with silver in the mid $20's, the US Mint sold a total of 1,772,000 Silver Eagles FOR THE ENTIRE MONTH OF DECEMBER! Yesterday, on 10/3, with the spot price of silver approximately $31/oz, the US Mint sold 737k Eagles, or 42% of sales for ALL of December 2010!

    Sales totals for September are now in as well, at a massive 4,460,500 ounces for the month, the highest monthly sales total since January 2011 (during a massive take-down...seeing the connection here) by nearly 50%!!

    link
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.