March 2016 Indian Silver Imports Up 440%

Imports of Silver to India Rebound in March. Indian Silver Imports Rise 440% from February’s Depressed Levels. Indian Silver Import Update. Last year we released a survey of India and Silver that covered supply and demand in that country. We noted that silver was India’s second metal to gold. Since we produced that report, Indian Read More →

Perth Mint’s Soaring Silver Sales Capture the Attention of the Wall Street Journal

Front of a perth mint australian kangaroo silver coin

The Wall Street Journal Notes the Popularity of Perth Mint’s Silver Kangaroo Coin. The Perth Mint Silver Kangaroo Coin Gets Silver Sales Hopping at the Perth Mint. The Wall Street Journal took note of the soaring silver sales at the Perth Mint earlier this week. The sales increase is mostly due to the introduction of Read More →

Four Reasons COMEX Won’t Default

Predictions of a COMEX Default Are Making the Rounds Again Here is why it won’t happen Four Reasons Comex Won’t Default: (in increasing importance) 1. Comex is not a place to buy gold or silver – it is a paper market*; 2. Today, Traders and Society Accept Fractional Reserve Everything; 3. You Don’t Beat the Read More →

U.S. Mint Overstocks Authorized Purchasers With American Silver Eagles to Avoid Panic Buying

maulgld on the daily coin silver and gold update

U.S. Mint Rations One Million American Silver Eagles a Month To Authorized Purchasers To Avoid News of Shortage. News of a shortgage could create panic buying demand that can’t be met. Earlier this week, Rory Hall of the Daily Coin and I held our bi-monthly precious metals update call. We were breifly sidetracked by current Read More →

Sales of America The Beautiful Five Ounce Silver Coins Top 2015’s Sales

Top selling ATB coins smaulgld through June 2016

America The Beautiful Coin Sales in 2016. The U.S. Mint sold 11,000 Cumberland Gap National Historical Park America The Beautiful (ATB) five ounce silver coins in May. Total sales of the Cumberland Gap National Historical Park coin was 75,000, the fifth best selling ATB coin in the series history The Harpers Ferry National Historical Park Read More →

Russia’s Stacking Gold Faster Than China – Podcast

The Central Bank of Russia added 189 tons of gold to her reserves from August 2015 to April 2016. Russia has added 58 more tons of gold to its reserves than China from August 2015 through April 2016. Russia is now the sixth largest gold holding nation in the world behind 5th place China Rory Read More →

Perth Mint Silver Sales Up 189% in May

May Perth Mint silver sales of 974,865 ounces were up 189% year over year. Silver Kangaroo bullion coin continues to drive elevated silver sales. Silver Sales at the Perth Mint in May 2016. The Perth Mint sold 974,865 ounces of silver in May 2016 up 189% from 337,511 ounces sold in May 2015. Silver sales Read More →

American Silver Eagle Sales Up 122% In May

American silver eagle sales in may 1987 -2016

U.S. Mint May 2016 American Silver Eagle Sales Report. Sales of American Silver Eagles Top Four Million for the Fifth Month in a Row. American Silver Eagle Coin Sales at 23,413,000 in 2016 with 4,498,500 sold in May. May 2016 American Eagle Sales Exceeded 2014’s May record by 510,000. May 2016 sales of American Silver Read More →

Top Three Sovereign Mints Report 32% Silver Sales Growth in First Quarter

Perth, canadian and US Mint silver sales q1 2016

Top Three Sovereign Mints, The U.S., Canadian and Perth Mint report collective first quarter 2016 silver sales up 31.6% Perth Mint silver sales climb 165% in the first quarter. The U.S., Canadian and Perth Mints sold nearly 30 million ounces of silver in the first quarter. Top Mints sell 45.66 ounces of silver to every Read More →

First Quarter 2016 Royal Canadian Mint Silver Sales Set Record

royal canadian Mint silver sales 2004-2016

The Royal Canadian Mint Sells A Quarterly Record 10.6 Million Ounces of Silver in the First Quarter of 2016. Silver sales were up 19.3% year over year in Q1 2016 from 8.9 million ounces in the same quarter in 2015. First quarter 2016 silver sales higher than entire year mintages of 2004-2009. Canadian Mint more Read More →