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US Mint Sells Nearly 1 Million Silver Eagles Monday, Begins Rationing Sales!

US Mint Sells Nearly 1 Million Silver Eagles Monday, Begins Rationing Sales!

The US Mint has updated April sales statistics for the first time since last week, and to no surprise, the Mint again reported more massive sales, with another 833,000 silver eagles reported sold Monday! The April total through 6 business days is now 1.645 million ounces, bringing the 2013 total to a massive 15.868 million ounces.



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So many were saying there was no shortage of silver

where are these people? Maybe they are trying to get silver at the last minute for it's all gone.

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

News like this tells me 'Confidence' in the system

is nearing a tipping point. There are bond sell-offs, hedge fund managers bailing and buying farmland. Doctors retiring in droves, 'Puts' being made (stockmarket bets made that certain stocks will fall), the Cyprus incident, and Australia just doubled the tax on their retirement accounts. We have the dramatic rise in Bitcoin, huge upswing in precious metals sales, small 'capital controls' being enacted, grumblings in the news about nationalizing 401Ks, and capping the 'Romney-sized' accounts. All signs lead to collapse and/or at the very least Government Skullduggery approaching.

When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift

Comex Gold Inventories Collapse By Largest Amount Ever On Record

http://bullmarketthinking.com/comex-gold-inventories-collaps...

Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001.

Total drainage of physical inventories reached nearly 2 million oz.’s of gold, which at today’s prices represent roughly $3,000,000,000 dollars.
According to chart sage Nick Laird, this data indicates that, “Eligible stocks which are owned in LBMA/Comex good delivery form are being drawn down—which means they are being removed from the warehouses. As to how and why they are [being] removed, that is a mystery. [Up until now], eligible stocks were on the continual increase throughout the bull market. Now that trend has changed.”

"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."

Question?

Where does the US mint get all the silver to mint those eagles? Does it come from mines or is some of it recycled? Just curious.

now wait a minute..... how

now wait a minute..... how come price is not going up with higher demand?

Paper Market

The price is driven by the paper silver market. BUY, BUY, BUY.

Thanks! I needed some good news for a change.

The gig will come to an end at some point. Ha Ha Ha

"When the power of love overcomes the love of power, the world will know Peace." - Jimi Hendrix

Jumping Jehosaphat! 15.8

Jumping Jehosaphat!
15.8 million ounces is 493.75 short tons.
TONS!

Southern Agrarian