US and UK Mint Sales vs The Recent Drop
News
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Posted 26/04/2013
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US Mint reported all time record sales in April which means 3 of the first 4 months of 2013 have set new records in this official barometer of investment demand. The UK mint too has tripled sales. We’ve posted this week about diminishing production, global shortages in supply (that we ourselves are feeling), and rampant demand for PHYSICAL silver and gold… all in the month the spot price took its biggest dive in 30 years off ‘paper’ sales. Make sense? Maybe last night’s jump is a market realising…
Related article: https://www.ainsliebullion.com.au/gold-silver-bullion-news/graph-world-production-of-silver-and-gold-ratio/tabid/78/a/242/default.aspx