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Bullion Coin Market Dynamics

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Posts tagged silver crash

Silver crashes through $14/oz

We’ve been patiently waiting to see which way the market would break. Silver fell below the psychologically important $14 level today. Gold is off $8 to $925. The GLD is trading below its 200 moving average, and with a gap down this morning, should be bumping against the key $90 level. [...]

Silver Eagle Sales Crash in April, Gold sales rise

Sales of Silver Eagle one ounce Bullion Coins fell off a cliff in April, off by some 653,000 from the March spike, a sales decline of 21%. The U.S. Mint reported total sales of 2,479,500 Silver Eagle Bullion Coins in April and overall sales of 9,636,500 through April 27th.  Sales this year of Silver [...]