US Mint Sees “Astounding” Demand For Silver Coins

Thursday, January 21, 2016
By Paul Martin

By: GoldCore
GoldSeek.com
Thursday, 21 January 2016

The U.S. Mint is seeing “astounding” demand for gold and particularly silver coins as noted by Frank Holmes of U.S. Funds writing in Gold Seek today.

In his excellent weekly SWOT analysis – strengths, weaknesses, opportunities and threats – of the precious metal markets, Holmes notes that:

Over the past five days investors bought 26.8 metric tonnes of bullion through exchange-traded products backed by the metal, according to Bloomberg (see chart above). In addition, Reuters says gold and silver demand is off the charts; the U.S. Mint sold nearly as much gold on the first day of 2016 as in all of January 2015, with silver sales equally as astounding.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter