A Unique Perspective in the Mechanics of the Wholesale Silver Market…
On This Special Edition of Metals & Markets, We Break the News That the US Mint Appears Set to End Silver Eagles Allocation as AP’s Begin Dumping Coins.
Is This The End of Silver Shortages?
Big Week For Metals: Gold Jumps $80, Silver Rises $1.50
A Unique Perspective in the Mechanics of the Wholesale Silver Market & the End of Shortages
Silver Eagle Allocation to End After 12 Months of Shortages?
Cartel Footprints Friday: Set Up For A Raid Next Week?
1 oz Silver Superman S-Shield
DOC’S GOLD & SILVER MARKET UPDATE:
The US Mint sold just 914,500 2016 American Silver Eagle coins this week, the first time this year the Authorized Purchasers (AP’s) failed to take down the entire week’s production.
2016 Silver Eagles sales totals are now 24,327,500 coins.
The Royal Canadian Mint released Q1 sales numbers for 2016 Silver Maples last week: 2015’s record demand of 8.9 million oz was smashed with an all-time record sales quarter of 10.6 million oz of Silver Maples!
The Royal Canadian Mint launched 1 oz Silver Superman Shield bullion coins on Thursday, with extremely strong initial demand reported by the dealers.
The Silver Superman coins have a mintage of just 1 million, and follow previous semi-numismatic series Wildlife, Birds of Prey, and Predators.