US MINT SELLS NEARLY 1 MILLION SILVER EAGLES MONDAY, BEGINS RATIONING SALES!
APRIL 9, 2013 BY THE DOC 35 COMMENTS
The US Mint has updated April sales statistics for the first time since last week, and to no surprise, the Mint again reported more massive sales, with another 833,000 silver eagles reported sold Monday! The April total through 6 business days is now 1.645 million ounces, bringing the 2013 total to a massive 15.868 million ounces.
In response to the continued massive demand for silver eagles, the mint also has begun rationing sales of silver eagles to primary dealers resulting in supply delays!
Just as was seen in January, tight physical supplies have seen premiums on ASE’s skyrocketing over the weekend and throughout the day, as ASE’s are rapidly becoming as scarce as 90%!
*Update: wholesale suppliers have increased premiums nearly $1 since yesterday, while the shortage has tightened, and wholesalers now on 4-6 week delays for shipments of ASE’s!