American Silver Eagle Coin Demand Is BACK…
Roy Friedman, President of US Mint Authorized Purchaser Manfra, Tordella, & Brookes (MTB) joins Silver Doctors to discuss how the recent pullback in the precious metals markets is impacting wholesale demand for gold and silver.
Friedman says investors who were waiting on the sidelines are now PLUNGING into the market. Demand is increasing dramatically for both gold and silver, but especially for silver:
“We’ve never seen anything like this. The volume of demand we experienced on Tuesday surpasses anything we’ve ever seen – and that includes Q3 of 2015.”
There is a problem with the accepted narrative that industry uses 70% of the global physical silver.
NOTHING could be further from the truth…
Many investors believe the value of silver will surge much higher in percentage terms compared to gold during the next financial and economic crash. I happen to belong to that savvy group of silver investors, and for good reason. If we look at the charts below, the data proves that silver bullion is certainly the more undervalued precious metal asset.
Thus, it will likely make silver one of the best investment strategies of a lifetime…
The US Mint has reportedly HALTED PRODUCTION of 2016 American Silver Eagle Coins…
“What the h*ll is going to happen if gasoline consumption continues to weaken heading into the fall and winter?”
This will just make a bad situation even worse…
It was great fun to visit with my pal, The Doc, President of Silver Doctors and SD Bullion today – one of the fastest growing gold and silver dealers, and recently named to Inc. 500’s fastest growing companies in America.
It was also highly informative as we discussed the dynamics of being a bullion dealer and how this impacts physical supply and demand of gold and silver coins.
This was an extremely informative discussion, the likes of which you’re simply not going to find anywhere else.
Please carve out some time to give it a thorough listen:
The global economic and financial system is in much worse shape than I originally thought.
The TIME CLOCK of the collapse of the Global Financial System has sped up considerably…
Sunshine Minting CEO Tom Power Joined the Show For An Exclusive Insider’s Look at the Trends & Mechanics of the Physical Silver Bullion Market.
Tom Offered SD Listeners An Invaluable Look into the Silver Investment Demand Market.
Is the Retail Silver Shortage Over, or is This the Lull Before an Unprecedented Shortage?
Has China shifted strategy from accumulating gold bullion to silver??
What the hell happens when global investors try to invest 10% in gold or say just 1-2% in silver?
If investors decided to increase their gold and silver investments to equal the percentage in 1980, we would have the following:
The DIE HAS BEEN CAST.
Europe, the United States and in the rest of the world are now in the last stages of financial disintegration…
The majority of Americans purchase their silver for a long term BUY & HOLD strategy.
Which means as the Chinese consume most of the gold in the world, Americans are now the biggest silver investors.
Chinese hot money has taken Vancouver real-estate and now Bitcoin prices to stratospheric highs.
If a crypto-currency without intrinsic value can muster such popularity, why not speculate on gold and silver?
Particularly silver, as it stands out as a “poor man’s gold”, ideal for action-seeking, trigger-happy Chinese investors.
Signs and investment patterns are indicating that Chinese investors have begun to do just that…
When we use the term ‘precious metals,’ most people immediately think of gold. That makes sense, of course. Gold is the most famous and most widely held precious metal. But there are three others, namely palladium, platinum, and silver.
Silver in particular may be worth a closer look; we wrote to you several months ago that silver was very cheap on a relative basis, especially compared to gold. And so far this year silver has been a top-performing commodity.
So today I thought it appropriate to take some time and specifically explore silver:
What could cause the U.S. to import a record amount of silver in March?
Was it the price of silver? No…
First Majestic Silver has been one of the world’s best-performing stocks in 2016, nearly quintupling at best in recent months.
This outstanding Canadian silver miner runs extensive operations in Mexico, and is one of this metal’s purest producers.
Despite its blistering run this year, First Majestic remains incredibly well-positioned to greatly leverage silver’s mean reversion higher.
Investors should consider taking a look…
Something very interesting took place in the COMEX Registered silver inventories last week…
If the silver speculators let go and the market price snaps to its fundamental, it will rapidly drop about $2.70. If it overshoots by the same magnitude to the downside, we may get to enjoy $11 silver. At least, it will be enjoyed by those who haven’t lost too many dollars betting on silver.
Perhaps that mobile phone manufacturer, driven by falling volumes and compressing profit margins, is pressured to approach silver mining companies (and all other suppliers) to see if they can cut their costs. Perhaps they were not bidding up scarce silver at the source, but putting in a low-ball bid below market. We don’t have that information, but one thing’s for sure:
Silver demand is weak while silver supply is robust.
Earlier this morning Keith Weiner made the claim that silver demand is weak, and supply is robust.
This afternoon’s data point on 2016 Perth Mint Silver Kookaburra availability however (or lack thereof), seems to claim otherwise…
You thought silver coin demand was strong LAST summer!?!…