Tuesday, February 1, 2011

US Mint Sells Absolute Record 6.4 Million Ounces Of Silver In January

Wow!!  We have been following US Mint silver sales closely this month.  The final January sales for silver have come in at a whopping 6.4 million ounces, destroying all previous records. 

I feel like a broken record trying to explain the bullion banks do themselves no favors by pushing spot prices down, while Central Banks have openly announced currency wars.  You do not need to be a rocket scientist to realize currency wars will create huge inflation in gold, silver, food and oil. 

The Federal Reserve will continue with their easy money policies, there is nothing else they can do.  We understand gold and silver have been manipulated for years, adding fuel to the fire.  Can you say perfect storm? 

Moving forward we will continue seeing a tug of war between  physical and paper markets.  Ultimately the physical market will win and we will see a complete disconnect between paper and physical.  This will be a bull market for the history books.

6 comments:

  1. Where do you track US mint sales of Silver?

    ReplyDelete
  2. On the US Mint website. Here is a direct link.


    http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=sales&year=2011

    Thanks

    ReplyDelete
  3. Going to graduate school was a positive decision for me. I enjoyed the coursework, the presentations, the fellow students, and the professors. And since my company reimbursed 100% of the tuition, the only cost that I had to pay on my own was for books and supplies. Otherwise, I received a free master’s degree. All that I had to invest was my time. how many ounces in 3.78 liters

    ReplyDelete
  4. Good to become visiting your weblog again, it has been months for me. Nicely this article that i've been waited for so long. I will need this post to total my assignment in the college, and it has exact same topic together with your write-up. Thanks, good share. are there 52 weeks in a year

    ReplyDelete
  5. It should be noted that whilst ordering papers for sale at paper writing service, you can get unkind attitude. In case you feel that the bureau is trying to cheat you, don't buy term paper from it. how many ounces in 1 4 cup

    ReplyDelete
  6. I finally found great post here.I will get back here. I just added your blog to my bookmark sites. thanks.Quality posts is the crucial to invite the visitors to visit the web page, that's what this web page is providing. sterling rose bush

    ReplyDelete