http://silverseek.com:8080/commentaries/rss/1506 Goldseek Commentaries en U.S. Mint Silver Eagle Sales Jump In January http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-jump-january-17565 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> As the demand for precious metals shows some life once again, sales of the U.S. Mint Silver Eagles jumped in January. Not only have Gold, and Silver Eagle sales increased, so have the precious metals prices. In the past two months, gold and silver prices have gained 7% and 11% respectively. Today, gold reached $1,320, while silver topped $16. While January sales of Silver Eagles fell to a low last year at 3.2 million oz (Moz), down from 5.1 Moz in 2017, they picked up this month surpassing 4 Moz. According to the U.S. Mint’s most recent update, Silver Eagle sales totaled 4,017,500 versus 3,235,000 last year: </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, January 31st</span> </div> </div> </div> <p style="margin: 0px 0px 1.25rem; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 17.008px; line-height: inherit; font-family: 'Droid Sans', sans-serif; vertical-align: baseline; color: #000000; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: i<p><a href="http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-jump-january-17565" target="_blank">read more</a></p> Thu, 31 Jan 2019 13:12:19 +0000 SRSrocco 17565 at http://silverseek.com:8080 THE SILVER PRICE and BROADER MARKETS: How Will They Trade This Week? http://silverseek.com:8080/commentary/silver-price-and-broader-markets-how-will-they-trade-week-17559 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The silver price trended lower last week after hitting a high of nearly $16 the prior week. So, what’s in store for silver and the broader markets this week? If we look at the moving averages and what is taking place in the broader markets, we may find some clues. It seems as if the silver price over the past two weeks has been moving in the opposite direction of the Dow Jones Index and the broader markets. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, January 21st</span> </div> </div> </div> <p><span style="color: #000000;">The silver price trended lower last week after hitting a high of nearly $16 the prior week.&nbsp; So, what’s in store for silver and the broader markets this week?&nbsp; If we look at the moving averages and what is taking place in the broader markets, we may find some clues.&nbsp; It seems as if the silver price over the past two weeks has been moving in the opposite&nbsp;direction of the Dow Jones Index and the broader markets.</span></p><p><a href="http://silverseek.com:8080/commentary/silver-price-and-broader-markets-how-will-they-trade-week-17559" target="_blank">read more</a></p> Tue, 22 Jan 2019 04:01:42 +0000 SRSrocco 17559 at http://silverseek.com:8080 Global Silver Production May Decline More Than Analysts Forecasts http://silverseek.com:8080/commentary/global-silver-production-may-decline-more-analysts-forecasts-17558 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Unfortunately, it is difficult to get data for China, the second largest silver producing country in the world, but I doubt its mine supply has increased more than the declines shown in this chart. According to the World Silver Interim Report, they forecast global silver production to increase by less than 1% in 2018 due to gains in Oceania, Asia, and Africa. They did note that silver production in North American would decline by 5.4 million oz (Moz). But, that 5.4 Moz decline must account for just the United States and Canada. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, January 21st</span> </div> </div> </div> <p>&nbsp;</p><p><span style="color: #000000;">The global mine supply from the top silver producing countries may decline more than the industry forecasts.&nbsp; The leading consultancies reported that global silver production would increase moderately&nbsp;by 1-2% in 2018.&nbsp; However, the data from several countries and large mining companies suggest that overall world silver production may decline by 2-3+%.</span></p><p><a href="http://silverseek.com:8080/commentary/global-silver-production-may-decline-more-analysts-forecasts-17558" target="_blank">read more</a></p> Mon, 21 Jan 2019 15:25:20 +0000 SRSrocco 17558 at http://silverseek.com:8080 INVESTMENT DEMAND: Still The Largest Growth Sector In The Silver Market http://silverseek.com:8080/commentary/investment-demand-still-largest-growth-sector-silver-market-17498 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Even though interest in precious metals has fallen over the past few years, investment demand is still the largest growth sector in the silver market. Yes, it may be hard to believe, but physical silver investment has grown the most since the 2008 financial crisis compared to the other sectors. And while industrial users consume the highest amount of silver in the overall market annually, its total demand has fallen over the past decade. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Wednesday, November 28th</span> </div> </div> </div> <p><span style="color: #000000;">Even though interest in precious metals has fallen over the past few years, investment demand is still the largest growth sector in the silver market.&nbsp; Yes, it may be hard to believe, but physical silver investment has grown the most since the 2008 financial crisis compared to the other sectors.&nbsp; And while industrial users consume the highest amount of silver in the overall market annually, its total demand has fallen over the past decade.</span></p><p><a href="http://silverseek.com:8080/commentary/investment-demand-still-largest-growth-sector-silver-market-17498" target="_blank">read more</a></p> Thu, 29 Nov 2018 03:32:31 +0000 SRSrocco 17498 at http://silverseek.com:8080 U.S. Mint Silver Eagle Sales Spike By Another 1 Million At End Of September http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-spike-another-1-million-end-september-17432 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Demand for the U.S. Mint Silver Eagles spiked again at the end of the September pushing sales nearly to three million. In a little more than a week, Silver Eagle sales jumped from 1.9 million to 2.9 million, nearly doubling from the previous month. Sales of Silver Eagles in August were only 1.5 million versus 2.9 million in September. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Tuesday, October 2nd</span> </div> </div> </div> <p><span style="color: #000000;">Demand for the U.S. Mint Silver Eagles spiked again at the end of the September pushing sales nearly to three million.&nbsp; In a little more than a week, Silver Eagle sales jumped from 1.9 million to 2.9 million, nearly doubling from the previous month.&nbsp; Sales of Silver Eagles in August were only 1.5 million versus 2.9 million in September.</span></p><p><a href="http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-spike-another-1-million-end-september-17432" target="_blank">read more</a></p> Tue, 02 Oct 2018 13:27:55 +0000 SRSrocco 17432 at http://silverseek.com:8080 Silver Eagle Sales Surge In September As U.S. Mint Resumes Supply http://silverseek.com:8080/commentary/silver-eagle-sales-surge-september-us-mint-resumes-supply-17418 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The sales of Silver Eagles surged in September as the U.S. Mint removed their temporary supply restriction. As the silver price continued to trend to new lows at the beginning of the month, several large purchases of Silver Eagles by the Authorized Dealers wiped out the inventory at the U.S. Mint. The U.S. Mint had cut back on its monthly supply due to the falling demand. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Wednesday, September 19th</span> </div> </div> </div> <p><span style="color: #000000;">The sales of Silver Eagles surged in September as the U.S. Mint removed their temporary supply restriction.&nbsp; As the silver price continued to trend to new lows at the beginning of the month, several large purchases of Silver Eagles by the Authorized Dealers wiped out the inventory at the U.S. Mint.&nbsp; The U.S. Mint had cut back on its monthly supply due to the falling demand.</span></p><p><a href="http://silverseek.com:8080/commentary/silver-eagle-sales-surge-september-us-mint-resumes-supply-17418" target="_blank">read more</a></p> Thu, 20 Sep 2018 02:50:16 +0000 SRSrocco 17418 at http://silverseek.com:8080 Setting Up For The Next Major Silver Bull Market http://silverseek.com:8080/commentary/setting-next-major-silver-bull-market-17407 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> While the precious metals are totally off the radar by the majority of investors, silver is setting up for one major bull market. Yes, it’s hard to believe as the gold and silver prices have been trending lower while the broader markets grind up higher, but if we look at the fundamental and technical indicators, the stock market and precious metals are now at extreme opposites. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Tuesday, September 11th</span> </div> </div> </div> <p><span style="color: #000000;">While the precious metals are totally off the radar by the majority of investors, silver is setting up for one major bull market.&nbsp; Yes, it’s hard to believe as the gold and silver prices have been trending lower while the broader markets grind up higher, but if we look at the fundamental and technical indicators, the stock market and precious metals are now at extreme opposites.</span></p><p><a href="http://silverseek.com:8080/commentary/setting-next-major-silver-bull-market-17407" target="_blank">read more</a></p> Wed, 12 Sep 2018 02:34:01 +0000 SRSrocco 17407 at http://silverseek.com:8080 U.S. Mint Silver Eagle Sales Jump In August On Lower Prices http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-jump-august-lower-prices-17379 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Well, it looks as if a bit of life has come back into the silver market as U.S. Silver Eagle sales jumped in August due to lower prices. While Silver Eagle sales have fallen over the past few years, if we exclude typical high January demand, sales so far in August are the highest in a year. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, August 23rd</span> </div> </div> </div> <p><span style="color: #000000;">Well, it looks as if a bit of life has come back into the silver market as U.S. Silver Eagle sales jumped in August due to lower prices.&nbsp; While Silver Eagle sales have fallen over the past few years, if we exclude typical high January demand, sales so far in August are the highest in a year.</span></p><p><a href="http://silverseek.com:8080/commentary/us-mint-silver-eagle-sales-jump-august-lower-prices-17379" target="_blank">read more</a></p> Thu, 23 Aug 2018 13:30:42 +0000 SRSrocco 17379 at http://silverseek.com:8080 THE INDIAN INVESTOR: The Major Wild Card In The Silver Market http://silverseek.com:8080/commentary/indian-investor-major-wild-card-silver-market-17340 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Indian silver imports increased significantly from 2013 to 2015 as investors took advantage of lower prices. However, the Indian investor wasn’t as interested in acquiring silver in 2016 as its price surged to $21 versus $14 at the beginning of the year. But, as we can see in 2017, Indian silver imports rose to 20% of global mine supply versus 13% in the prior year. And, if Indian silver demand remains strong throughout the rest of the year, it could surpass 8,700 mt and account for 32% of global silver mine supply. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Sunday, July 22nd</span> </div> </div> </div> <p><span style="color: #000000;">There’s a sleeping tiger in the silver market, and it isn’t the Chinese.&nbsp; While the Chinese continue to acquire a lot of gold, they aren’t that interested in silver. However; it’s the Indian investor who is has been the dominant player in the silver market.&nbsp; Why?</span></p><p><a href="http://silverseek.com:8080/commentary/indian-investor-major-wild-card-silver-market-17340" target="_blank">read more</a></p> Sun, 22 Jul 2018 14:18:29 +0000 SRSrocco 17340 at http://silverseek.com:8080 Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention http://silverseek.com:8080/commentary/gold-silver-eagle-sales-drop-sharply-due-central-bank-intervention-17244 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year. Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new highs in 2017. So, who wants to continue purchasing gold and silver when many cryptocurrencies were experiencing 10% increases in a day. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, May 3rd</span> </div> </div> </div> <p><span style="color: #000000;">Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year.&nbsp; Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new highs in 2017.&nbsp; So, who wants to continue purchasing gold and silver when many cryptocurrencies were experiencing 10% increases in a day.</span></p><p><a href="http://silverseek.com:8080/commentary/gold-silver-eagle-sales-drop-sharply-due-central-bank-intervention-17244" target="_blank">read more</a></p> Fri, 04 May 2018 02:48:18 +0000 SRSrocco 17244 at http://silverseek.com:8080