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.
Friday, July 2, 2010
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