U.S. And Canadian Mint Sales: All Of Domestic Silver Supply Used Solely For Bullion:READ THIS CAREFULLY–WHEN THE PANIC COMES YOU WONT BE ABLE TO FIND A SILVER BULLION COIN OR BAR AVAILABlE AT ANYTHING LESS THEN UN- IMAGINED PRICE LEVELS!
(Via SteveQuayle.com)
by Hebba Investments
SeekingAlpha.com
Jun 6 2013
GLD, PHYS, PSLV, and SLV investors may want to start following the North America bullion markets because demand is so strong that it is using up all of domestic mine supply. We will get into that in a little bit, but for now let us look at U.S. bullion sales for the month of May.
Analyzing the US Mint Sales Numbers
When analyzing sales numbers it is important that investors go past the headlines and dig deep into the true nature of the sales. For brevity we are only showing the last few years of sales, but for doing comparisons we have used data from the beginning of the current bull market in 2001. We also use the average monthly London price fix to calculate the dollar value of the month’s bullion sales.
To start, let’s take a look at the U.S. Mint sales numbers for silver and gold for May and compare them to the same month in previous years. We are doing a year-over-year comparison because coin sales are very seasonal in nature and to get a fair read we have to compare May to May.
The Rest…HERE
