Home » Forums » Economy » Gold & Silver
18 votes

US Mint Sells Nearly 3/4 Million Silver Eagles In 1 Day Post Cyprus Announcement!

Submitted by ctkelly85 on Tue, 03/19/2013 - 15:21
in

The USMint reported an astonishing 638,500 silver eagles sold Monday as the Cypriot wealth confiscation news over the weekend has resulted in a massive increase in physical gold and silver purchases throughout Europe and the US.

The massive one-day sales brings the March total to 2.35 million ounces, on pace to set a 3rd consecutive monthly sales record for silver eagles, and the 2013 sales totals to 13.216 million ounces!

Link for Charts: http://www.silverdoctors.com/usmint-sells-nearly-34-million-...


Like this article? Get DP delivered to your inbox daily. Subscribe here:

E-mail address:  

»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

and the silver price is still dead

Submitted by MMJ Ministry on Tue, 03/19/2013 - 20:00.

however those bitcoins i bought a few weeks ago for around $29 have gone up to $59 today. i went ahead and cashed out a few $1000. thank god i sold some of my silver to buy bitcoins. my silver investments have not done anything in years. if silver goes under $27 i may get some more though.

—

“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with.” Ron Paul

Bump

Submitted by legalizeliberty on Tue, 03/19/2013 - 17:47.

Thanks for posting.

—

Twitter: http://twitter.com/LibertyPoet
My website: http://www.libertypoet.com/
STAND WITH RAND 2016

Could you please put that in perspective?

Submitted by Vanmind on Tue, 03/19/2013 - 16:56.

What's a typical day like for Silver Eagle purchases from the mint?

January 2013 set a record with 7.4 million for the month

Submitted by JO4RP on Tue, 03/19/2013 - 17:09.

3.5 million per month is probably a close average - here's some history:
http://www.silverdoctors.com/us-mint-sets-all-time-silver-ea...

—

God grants liberty only to those who love it, and are always ready to guard and defend it. – Daniel Webster

So in other words...

Submitted by Vanmind on Tue, 03/19/2013 - 17:28.

...hundreds of thousands sold in one day equals a big story.

Watch now for a FMSM blitz about "awful hoarders."

Thanks for the link

Submitted by Vanmind on Tue, 03/19/2013 - 17:26.

:)

Cyril's picture

Not exactly alone

Submitted by Cyril on Tue, 03/19/2013 - 16:43.

And here's a hint, folks:

I don't buy only from the US mint. Matter of fact, I buy MOSTLY from private mints.

And two full weeks STILL WAITING after my last order, I suspect I'm not exactly alone.

Check out my recent post about "Drutter's divergence" (re: his findings) for more insights, if you're curious :

http://www.dailypaul.com/277581/demand-for-physical-silver-d...

—

My name's pronounced like "see real". Its root is "Lord".

"The demand of a great people is always at the scale of its most serious misfortunes." --De Gaulle

http://Laissez-Faire.Me/Liberty

Yet the spot price of silver

Submitted by youjustgotpauled on Tue, 03/19/2013 - 16:15.

Yet the spot price of silver is STILL relatively unchanged over the last month.

—

http://www.youtube.com/watch?v=bFxvy9XyUtg

Thank God

Submitted by ctkelly85 on Tue, 03/19/2013 - 16:21.

The longer they suppress it, the longer I can stack it. :)

—

Ron brought the Liberty movement together, Rand is expanding the crap out of it! :)