Physical Silver Coin Sales from US Mint Surge in First Week of January $slv $gld

 

 

 

 

 

 

Zerohedge brought this to our attention in the article:  US Mint Sells Massive 3.9 Million Ounces Of Silver Coins In First Few Days Of 2013, Triple December’s Total

We thought it was strange to see silver not getting the love it deserves.  Well this surge in silver coin sales continue to demonstrate the appetite for Silver in the US.  However, this isn’t taking into consideration the seasonal demands from overseas markets in China and India as well as the preference changes from gold to silver in many emerging nations due to import / export tariffs on physical gold.

Silver Eagle Sales January 2013

 

 

 

Here are the figures from the US MINT

 

Silver Coins, Silver Bullion, Silver Rounds, Silver Bars – designs or no designs, silver is silver.

Things are ok…. until they are not.