The US Mint updated Silver Eagle sales totals Monday evening for the first time in a week, and now report a massive 3,975,500 ASE’s sold with 1 day remaining in the month, an all-time sales record for April.
The Mint shattered the previous all-time April sales record of 2.8 million set in 2011 by a whopping 41%, and is on pace to sell nearly 55 million ASE’s in 2013!
We suspect that had the [...]
“We are seeing buyback from the general public,” a physical dealer in Tokyo told Reuters and there are reports of shortages of coins and bars and premiums increasing on bullion coins.
There are also reports of shortages of bullion coins and bars in Thailand and in Singapore where premiums on certain bullion coins which are legal tender and have favourable tax treatment, such as American gold and silver eagles, have risen due to tightness [...]
and the price keeps going lower and lower? Its because the chart painters have been working overtime to make the 1st Q price look bad. Well guess what ? 1st Q is over. There is a lot of POMO’s coming but I dont think they can hold the price down much longer. I will be buying right here this weekend as Monday starts the new Q.
Today’s US Mint figures show [...]
King World News is pleased to break the news first in the world for our global readers that the World Gold Council has now confirmed the Chinese are going to back the yuan with gold. Today a legend in the business, Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, informed KWN [...]
Most of you have heard that the US Mint has once again stopped selling Silver Eagles because they have “sold out”. A few years back it was 100% against the law for them to stop production as they were legally obligated to buy silver at any price. Now Silver Eagle program can only be stopped with the authorization of the US Treasury Secretary….which was no doubt done this time. They [...]
by Bally A, Silver Doctors:
Silver expert Ted Butler has long predicted and awaited an eventual industrial shortage of physical silver, and a resulting panic silver buying that terminates the bullion bank cartel’s manipulation of the silver market.
Butler may be about to be finally proven correct, if an Apple contractor is right that Apple has delayed production on the new 27” iMacs over an industrial silver shortage in China.
With the US Mint sold out of [...]
The US Mint released its silver sales figures, relaying to investors what was already known—investors want silver, and silver only.?The Mint ran into problems during September, taking more orders for coins than it had available in uncirculated condition. As of October 21, the problem in supplying the market with uncirculated coins has been smoothed out, and the market remains hungry for silver coins of all types, except those closest to [...]
EU Debt Deal, Eliminating USD, US Mint Sales of Gold and Silver Eagles
I just posted an article yesterday, pointing out how strong the physical sale of silver is from the US Mint and that the amount of dollars flowing into silver in the 1st 9 months equal the amount of dollars that flowed into the silver program in the first 263 months of its existence. Now, I get this from my friend Randa with this great catch!
Yesterday 10/3, [...]
King World News is continuing to get reports from sources around the world regarding tremendous physical demand in both gold and silver. One source out of Norway told KWN, “What I can report from Norway, and as you know we are not part of the euro system, we are experiencing an extreme increase in physical demand for bullion, both in silver and also in gold.” [...]
1) Fed Balance Sheet Grows To $2.723 Trillion
“The U.S. Federal Reserve’s balance sheet continued to grow last week as the central bank maintained efforts to spur economic growth through asset purchases.
The Fed’s asset holdings in the week ended May 4 climbed to $2.723 trillion, from $2.695 trillion a week earlier, it said in a weekly report released Thursday. Holdings of U.S. Treasury securities rose to [...]
………….A lot of these are out of stock:
………………..APMEX silver bars
………………………….Silver Maple Leafs
The madness overwhelming the silver market has to be seen to be believed. Prices have skyrocket
The madness overwhelming the silver market has to be seen to be believed. Prices have skyrocketed in the past few days. The U.S. Mint has sold out of Silver Eagles, and is quoting several weeks’ delivery.
Everyone is getting in on this. While I was in a local coin and precious metal [...]
With the US Mint forced to cut down dramatically on its Silver American Eagle sales, for some reason various timid elements considered the drop in monthly sales as indicative of a wane in investor interest (record prices aside). Perhaps the following note from Ampex: one of the otherwise “deepest” silver vendors in the market, may restore some balance to the (supply/demand) force.
And yes, [...]
The SHTFPlan’s Mac Slavo brings us the story of one Bill Cramer who decided to cash in on his silver profits after a nearly decade holding period (under the assumption he was receiving warehousing services considering he was paying storage fees), confident that he could simply receive the metal he held with a broker, until he heard the following 5 very disturbing words: “Sorry, [...]
Live Chart of Monex buy/sell prices for silver eagles:
But it could be worse. One could be trying to buy American Eagles in Latvia, where the dealer bid/ask is 45.91x….72.81!
Smart Money Europe â€“ http://www.smartmoney.eu
Short squeeze! Here comes 50-dollar-Silver
Silver is blasting through all barriers, topping $36.5 this morning! The white bullion market is tight, and the short squeeze in the futures market is exerting a constant upward pressure on the price. If current trends persist, the all-time high of $49.45/ounce will be reached in the near future.
Silver is performing exceptionally, outstripping a [...]