Canadian Silver Mining Production Doesn’t Cover Silver Maple Leaf Demand. From 2010 to 2014, the amount of silver required to mint Canadian Silver Maple Leaf coins has exceeded Canadian silver mining production by over sixteen million ounces. The deficit in 2014 was nearly 8.5 million ounces. In “U.S. Silver Mining Production Doesn’t Cover American Silver … Read More →
Perth Mint Gold and Silver Sales in 2015. Silver Sales up 55.6% at the Perth Mint in 2015. Gold Sales down 11.5% at the Perth Mint in 2015. Silver Sales at the Perth Mint in 2015 Sales of one ounce American Silver Eagle coins (ASE’s) at the United States Mint set a record in 2015 … Read More →
U.S. Silver Mining Production Doesn’t Cover American Silver Eagle Demand. Since 2010, the amount of silver required to mint American Silver Eagle coins has exceeded U.S. silver mining production by over twenty-five million ounces. The deficit in 2015 is projected to be approximately twelve million ounces. In reviewing U.S. Mining data for “Peak Silver has … Read More →
Has Peak Silver Arrived In The United States? 2015 Silving Mining Production in the U.S. during August – October was down 15% from comparable months in 2014. Yearly comparisons of U.S. silver mining production from 2012 and 2013, however, show 2015 mining production will be roughly in line with those years. Update: U.S. Silver Mining … Read More →
In Case You Missed It – Week Ended January 9, 2016. Stories from the week ended January 9, 2016. It was a big news week after two relatively quiet ones. The main news stories involved the tensions between Saudi Arabia and Iran after the former executed alleged Iranian terrorists. Korea claimed to have set off … Read More →
China’s Gold Reserves. Chinese Gold Reserves increased by 19 tonnes in December. Since starting monthly reporting in July, China has added 104 tonnes of gold to its reserves in 2015 . Total reported Chinese gold reserves stand at 1,762.323 tonnes. China continues to flex its gold muscle. For the sixth time in as many months, … Read More →
Gold For Smoking and Munching Gold Smokes and Edibles Trend higher. Gold served as edible/smokable consumables becomes fashionable. Update: Mcdonald’s Japan promotion: an 18K Chicken McNugget Update: Pizza Hut to give away $100 gold covered 50th anniversary Super Bowl pizza Update: Popcorn drenched in 23K gold – $5 per kernel! Update: Gold for SHAVING? Gold … Read More →
China Warns Foreign Banks: Participate in the Chinese Yuan Based Gold Price Fix… or Else. Foreign banks that traditionally support the London and New York dollar denominated gold price fixes may lose Chinese gold import rights if they do not support the soon to be launched Chinese Yuan gold price fix. Chinese Yuan gold price … Read More →
Silver and Gold Sales at the U.S. Mint in 2015. United States Mint Sets American Silver Eagle Sales Record in 2015. American Silver Eagle sales record of 47,000,000 achieved despite production halt in July and restrictive allocations to Authorized Purchasers in second half of the year. 2015 American Gold Eagle sales were a modest 801,500 … Read More →