The Phaserl


October Silver Eagle Sales Set A Monthly Record

by Dave Kranzler, Investment Research Dynamics:

1.4 MILLION silver eagles were bought by investors in the last two days of October, setting a new one-month sales record (real analysts do not count January 2013′s 7+ million tally because the Mint suspended sales in early December 2012, effectively pushing December’s demand into January).   5,790,000 silver eagles were snapped up (LINK).  This was 88% more than October 2013.  38% more gold eagles were sold in October than in October 2013.

Contrary to the false narrative being spread by the financial media, the manipulated sell-off in the precious metals using fiat paper futures is triggering record investment demand for physical gold and silver.   In chatting with some coin dealers around Denver this past week, they all said that there were having trouble keeping silver eagles in stock.

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