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Friday, October 30, 2015

United States Mint Silver Bullion Sales Headed for New Record

http://www.newsmax.com/Finance/EdMoy/United-States-Mint-Silver-Bullion-Sales/2015/10/30/id/699742/

American Eagle silver bullion coin sales are headed toward another year of record breaking sales.
2015 sales year-to-date have exceeded the same period in 2014.  Sales through the third week in October are 38,986,000 ounces compared to last year’s 38,121,000 ounces.  If this sales trend continues, the total number of ounces sold in 2015 will exceed last year’s record of 44,006,000. 

Sales would have been even higher except that demand has been so high, it has wiped out the United States Mint’s inventories and outstripped its ability to produce fast enough to replenish those inventories.  The coins have been on and off allocation for the past six months.


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