American Eagle Silver Bullion Coin Sales Drop Sharply from Previous Month and Year

March 4, 2015

american-silver-eagleSales of the US Mint American Eagle silver bullion coins lost greatly throughout February from both the previous month as well as comparable previous year period.The US Mint reported overall sales of 3,022,000 ounces throughout February which is down by 19.4 percent from the similar prior year period as well as down by a significant 45.4 percent from the previous month. Because of solid January sales, however, total sales of the silver bullion coins is up slightly by 0.3 percent on the year.There were 4 months during 2014 in which regular monthly sales

of the silver bullion coins went down below the 3 million degree as well as yet sales attacked an all time document high of 44,006,000 troy ounces. Ordinary regular monthly sales of the silver bullion coins during 2014 came in at concerning 3.6 million ounces monthly while the average regular monthly sales year to this day throughout 2015 goes to 4.3 million ounces. The silver bullion coins continue to be incredibly popular with rare-earth element capitalists in spite of the decrease in the price of silver since 2011. Long-term silver financiers assigning a section of their portfolio to physical rare-earth elements view the existing bargain rate of silver as an opportunity to pack up as provened by 2014 record breaking sales.The chart here shows the trend of sales for the US Mint silver bullion coins since 2000. Sales for 2015 are year to this day via February 28, 2015. Ever before because the monetary dilemma when the banking system can near to totally falling in, sales of silver bullion coins have exploded by regarding 500 percent and also stayed strong despite the so called healing in the economic climate as well as financial system.http://

09/16/2015 09:43:06
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