Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Bullboard Posts
Post by MrC_on Sep 05, 2013 9:10pm
503 Views
Post# 21721688

OT: U.S. Silver Coin Sales Top 2012

OT: U.S. Silver Coin Sales Top 2012From Zero Hedge:

U.S. Silver Coin Sales Top 2012- Record Store Of Value Buying

Sales of American Eagle silver coins by the U.S. Mint this year surpassed the total for all of 2012 as store of value buyers buy silver at a record pace due to continuing inflation and systemic risk .

About 33.75 million ounces of the silver coins were sold so far in 2013, compared with 33.74 million in all of 2012 according to data on the mint’s website as reported by Bloomberg.

In January, sales reached an all-time high of 7.498 million, and averaged 3.65 million a month since then as demand heads closer to the annual record of 39.868 million reached in 2011.

Silver prices surged into a bull market last month and have gained 29% from a 34-month low on June 28, sparked by demand for precious metals as an alternative asset.

https://www.zerohedge.com/contributed/2013-09-05/us-silver-coin-sales-top-2012-record-store-value-buying
Bullboard Posts