Sunday, July 18, 2010

Silver Investing - Mid-July Silver Eagle Numbers

Here are the numbers for Silver American Eagle sales with July half over: with the latest U.S. Mint report of 171,500 posted on 7/17/2010, the running total is 1,648,000 so far this month. Not quite the highest numbers we have seen this year but a healthy number none the less.

It seems that Silver Eagles aren't the only popular silver bullion coins much in demand. Silver Maple Leafs are reported to be somewhat scarce also with buyers having to wait for delivery. I hope you have some of each in your possession and are on the lookout for more at a (somewhat) reasonable premium.

Happy investing.

Friday, July 2, 2010

Silver Investing - Silver Eagles For June

The totals are in for Silver American Eagle production for the month of June. The U.S. Mint reports a total of 3,001,000 Silver Eagles for June. Down from the May totals by about 635,500 but still a decent number. Year-to-date Silver Eagles = 18,168,500. It is stated that the large number of silver ounces used by the Silver Eagle program through June is essentially all of the silver mined in the U.S. so far in 2010. How long can that keep up?

Gold is doing quite well also. 24-K Gold Buffaloes are at 33,500 for June and 160,500 YTD. American Gold Eagles are at 151,500 ounces (in various sizes) for June and 673,000 ounces YTD.

Happy investing.