15 July 2015

Perth Mint sales surge on back of US Mint shortage

Well it hit us a lot quicker than I thought, with a big increase in demand for our products out of the US and Europe for both gold and silver http://research.perthmint.com.au/2015/07/15/perth-mint-sales-surge-on-back-of-us-mint-shortage/

1 comment:

  1. The one big omission by the author is the out stand paper derivatives on the COMEX. For every one ounce of silver - there are 400 claims to that one physical ounce. In reality, there is a much greater issue then raw physical silver and american silver eagles.

    The other fact is that you have Brunswick and Perseverance mine closures. Those two mines are used to produce the very raw silver is talking about and it is material to the supply.

    I appreciate the authors commentary but it only presents one side of the equation.