Indian Silver Imports Jumped 52% in 2017

Annual indian silver imports 1999-2017 through december

Indian silver imports were 5,398 tons (173,549,732 ounces) in 2017 up from 3,546 tons in 2016. Indian silver imports were 379.656 tons (12,203,298 ounces) in December. Value of Indian Silver imports in 2017 was approximately $2.88b (173.5 moz @$16.60 an ounce) vs $36.9 billion in Indian gold imports (28,976,823 ounces of gold at $1275 an Read More →

Silver Doesn’t Make the First Cut as a Strategic Metal

silver in circuit boards

U.S. Department of the Interior Releases Draft of 35 Strategic Minerals. Silver doesn’t make the cut. Yuan denominated oil contract to trade part time when launched. U.S. Oil Production Surging. Hungary Repatriates its Gold (100,000 ounces worth $132m). Trump labels outgoing economic adviser a “Globalist” . U.S. Steel to reopen plant, hire 500 workers due Read More →

U.S. Mint Silver Eagles Sales Fell 37% in January

January sales of American Silver Eagles 1987 - 21018

U.S. Mint Sold 3,250,000 American Silver Eagles in January. January American Silver Eagle sales were the lowest January total since 2009’s sales of 1,900,000. January 2018 American Silver Eagle sales fell 36.6% from January 2017 sales of 5,127,500. American Silver Eagle Sales Fall 37% in January Year Over Year The U.S. Mint sold 3,250,000 American Read More →

Why Smaulgld Roasts the Silver & Gold Pumpers

skyrocket canstockphoto39652250.jpg alphaspirit

Fantastical Gold and Silver Hype Stories Get Skewered by Smaulgld. “Game Changing” tales of Silver Shortages, Comex Defaults, Gold Backed Yuans, Elites Losing Control and the Gold Silver Ratio returning to its ‘natural ratio” of 16-1 (or lower) get the harsh treatment from Smaulgld. I was invited earlier this week to the Kennedy Financial You Read More →

Perth Mint Silver Sales Fall 21% in 2017

Perth Mint Silver Sales 2017

Perth Mint Silver Sales Finish 2017 Strong Silver sales at the Perth Mint in 2017 were 9,636,408 ounces down 21.3% from 2016 silver sales of 12,236,772 ounces and down 18.2% from 2015 silver sales of 11,775,927 ounces. December Perth Mint silver sales of 874,437 ounces were up 60.6% from 544,436 ounces sold in November. Silver Read More →

Indian Silver Imports Steady in November

Indian silver imports 1999-2017 through November

Indian silver imports were flat in November. Indian silver imports were 346.994 tons (11,156,116 ounces) in November. November 2017 Indian silver imports were up 1% from 319 tons imported in November 2016. October silver imports were down 46% from 636.693 tons (20,470,155 ounces) tons imported in October. Indian Imports of 5,019 tons of silver in Read More →

2017 American Silver Eagles Sales Fall to Lowest Level Since 2007

American Silver eagle sales 1986 - 2017 through December

U.S. Mint 2017 American Silver Eagle Sales Report. U.S. Mint Sold 18,065,500 American Silver Eagles in 2017. U.S. Mint Sold 742,000 American Silver Eagle coins in December. 2017’s Annual Sales Total Lowest Since 2007’s 9,887,000 American Silver Eagles sold. 2017 American Eagle Sales were down 52.1% from 2016’s sales of 37,701,500 and down 61.6% from Read More →

Gold Price vs. World Currencies in 2017

Gold in US Dollars Full Year 2017

Gold Rose 13.6% vs. the U.S Dollar in 2017. Gold’s 2017 price rise follows a 9.1% rise in 2016. 2017 price rise was gold’s best year since 2010’s near 30% increase. Gold price rise muted in other world currencies; down 1% vs the Euro. Silver rose 7.1% vs. the U.S. Dollar in 2017 but fell Read More →

Perth Mint Silver Sales Top American Silver Eagle Sales in November

Perth Mint Silver Sales January 2014 - November 2017

Silver sales at the Perth Mint in November were 544,436 ounces, down 46% from October 2017 sales of 999,425 ounces. Year over year November 2017 Perth Mint silver sales were down 45% from November 2016 sales of 984,622 ounces. November Perth Mint sales of 544,436 ounces were 41% higher than November U.S. Mint Silver Eagle Read More →

American Silver Eagle Sales Slump in November

American Silver eagle sales 1986 - 2017 through November

U.S. Mint Sold 385,000 American Silver Eagles in November. American Silver Eagle sales at Eleven Year Low November American Silver Eagle Sales Drop 63% from October Sales of 1,040,000. Sales of American Silver Eagles fell 87% from 3,061,000 sold in November 2016. November 2017 sales of American Silver Eagles were lowest November sales since November Read More →