Saturday, February 15, 2014

The Proof That… (While Silver Breaks through $21.00)

It is better to have stored real economic energy compared to fiat paper IOU energy of the future

In other words we all know the future is not guaranteed what this means is that we cannot continue to brow from that future and it is time to pay for it as we reach peak oil world wide we reach peak monetary printing world wide which also means we are reaching and just past the low in the commodity Market

My Readers this is  moving into a state of food demand  because of we are all faced with the decision of food shelter water electricity and then maybe movies gadgets luxury items.

My goal is to better prepare you for your future yet I do not sell you anything and I am definitely not a financial Advisor any recommendation I give here is simply my opinion and your grown up enough to read what I have to say which means your a legal should and able to make up your own mind I will only suggest what I would do as I am speaking to myself every time I write this or nothing else on this Blog

Best of Luck

GnS + Research


http://www.silverseek.com/article/us-mint-nearly-sells-out-its-weekly-silver-eagle-allocation-2-days-12925

U.S. Mint Nearly Sells Out Of Its Weekly Silver Eagle Allocation In 2 Days

Steve St. Angelo, SRSrocco Report
 | 
Wednesday, February 12th
After a slower than average sales month in January, Silver Eagle sales picked up significantly in February. In the first eleven days of the month, the U.S. Mint sold nearly 1.7 million Silver Eagles.
In a recent article, I mentioned that I spoke with Michael White, Public Affairs person for the U.S. Mint. I recently received a reply from Mr. White and continue to get updates and information from his office on Eagle Sales.
Mr. White stated that the reason the U.S. Mint took more time to roll out the 2014 Silver Eagles this year was due to the exceptionally high volume of sales in 2013.
On Monday, the U.S. Mint updated their Silver Eagle sales figures to 1,442,000 oz.Mr. White sent me an email stating that they sold 592,000 Silver Eagles on Monday and the total allocation for the week was 900,000 oz.
As you can see from the U.S. Mint figures below, they sold an additional 249,500 Silver Eagles today (Tuesday) for a total of 1,691,500 coins.
Total Silver Eagle sales for Monday & Tuesday hit 841,500 oz. Thus, the U.S. Mint only has 58,500 Silver Eagles to sell to its Authorized Dealers for the rest of the week.
Furthermore, Silver Eagle sales continue to outpace Gold Eagle sales in a big way. For the month of February, here are the total sales of Gold & Silver Eagles to date:
Gold Eagles = 11,000 oz
Silver Eagles = 1,691,000 oz
Silver to Gold Eagle Ratio = 154/1

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.