The US Mint has updated its December sales totals, and not surprisingly, both gold and silver sales are extremely strong, with 728,000 silver eagles, and 19,500 oz of gold eagles sold through the first 3 business days of December!
This compares to 2.009 million silver eagles, and 65,500 gold eagles sold for the entire month of December 2011!

It’s no wonder the paper futures price continues to correct with no one buying any physical metal! (sarc off)

 

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2012 Gold Sales Totals
(in ounces / number of coins)
Month One
( oz. / #coins )
Half
( oz. / #coins )
Quarter
( oz. / #coins )
Tenth
( oz. / #coins )
Total
( oz. / #coins )
January 84,500
84,500
24,500
49,000
9,500
38,000
8,500
85,000
127,000
256,500
February 20,000
20,000
0
0
500
2,000
500
5,000
21,000
27,000
March 57,500
57,500
1,000
2,000
0
0
4,000
40,000
62,500
99,500
April 19,000
19,000
0
0
500
2,000
500
5,000
20,000
26,000
May 49,000
49,000
1,500
3,000
1,000
4,000
1,500
15,000
53,000
71,000
June 55,000
55,000
1,000
2,000
1,500
6,000
2,500
25,000
60,000
88,000
July 28,500
28,500
0
0
500
2,000
1,500
15,000
30,500
45,500
August 34,000
34,000
1,500
3,000
1,000
4,000
2,500
25,000
39,000
66,000
September 63,000
63,000
1,000
2,000
1,000
4,000
3,500
35,000
68,500
104,000
October 54,000
54,000
1,000
2,000
1,000
4,000
3,000
30,000
59,000
90,000
November 129,500
129,500
2,500
5,000
1,000
4,000
3,500
35,000
136,500
173,500
December 18,500
18,500
500
1,000
500
2,000
0
0
19,500
21,500
Total 612,500
612,500
34,500
69,000
18,000
72,000
31,500
315,000
696,500
1,068,500

 

2012 Silver Sales Totals
(in ounces / number of coins)
Month One
( oz. / #coins )
January 6,107,000
6,107,000
February 1,490,000
1,490,000
March 2,542,000
2,542,000
April 1,520,000
1,520,000
May 2,875,000
2,875,000
June 2,858,000
2,858,000
July 2,278,000
2,278,000
August 2,870,000
2,870,000
September 3,255,000
3,255,000
October 3,153,000
3,153,000
November 3,159,500
3,159,500
December 728,000
728,000
Total 32,835,500
32,835,500
  1. This is getting comical, its like the paper pushers are trying to punish the people that just bought. Don’t you guys buy anymore cause we can smash the paper price down………Only to loose more metal when they do to the little guys like me.
    Do these clowns honestly think buy continually smacking the paper price that one day all us stackers are gonna say you guys win and hand over our silver……..NOT!! It only make me more determined to buy more and stick it to these guys.
    Nothing to see here sheep move along.

    • Actually the gold and silver prices smashes help us stack more precious metals very faster, easily and cheaply. At first, the cartel didn’t realized that but now with more buyers, they are starting to learn their lessons. The cartel is just shooting itself on the foot by crushing precious metals’ prices.

  2. So let me get this straight, 36.4% of Silver Eagles have been sold in just 3 days compared to last year’s December total sales, another again . . that people, institutions, and governments are hoarding silver all over the planet, and the price of silver is down $2.00 from last month?

    Righhhhht!

    • Well Swissie,

      Iv’e been to two county fairs and three box socials and thought I knew what was going on in the world,
      but I am in my 70′s now and hoping to live long enough to find out “WHEN”

    • Also, how come the price of silver is still low if the above ground supplies are getting diminished? Although, the cartel is having harder time to suppress gold and silver’s prices compare to last year.
       

  3. Long time no post. I am alive and well. I come here everyday and read the articles and your posts. This increase in massive coin sales is reminiscent to our spike in prices in 2011. There were massive Gold and Silver coins purchased  through the US Mint during those months leading up to Aprils surge. This is coinciding with the massive consolidation of the 100,200, 300 day moving averages; in addition to the volatility index of Gold and Silver reaching lows. This is a huge signal that what is about to come could be an even greater surge than what we had in April 2011. From my reading and analysis Gold could reach 1850 by year’s end and silver could hit 37. 

  4. There are a lot of gold and especially silver that are sold and I wonder how can the US Mint keep getting that much amount of physical precious metals? It’s a lot! I was also hoping to see the Canadian gold and silver Maple Leaf coins sales.

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