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« Endeavour Silver Corporation Sets New Production Records in 4th Quarter and Withholds some Silver Production | Main | Two Long/Short Pair Trades For 2012: DGP/GDX and GLD/TIP »
Tuesday
Jan102012

In The First Few Days Of 2012, US Mint Sells More Silver Than In Most Months Of 2011

In the first few days of 2012, the US mint has already sold 4.3 million ounces in silver coins. This is more than in all individual months of 2011 except for January and September, when the mint sold 6.4 million and 4.5 million ounces. Is the retail love affair with physical silver coming back with a vengeance?

2012:

2011:

Spotted on Zerohedge

An enthusiastic start to the year for physical silver, lets see if this pace can be maintained.

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Reader Comments (1)

I don't get it. Sales are down from last January by some 2M oz. How can this be signalling a boom?

January 11, 2012 | Unregistered CommenterSteve Ruckman

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