Physical silver (bullish): investors have accumulated at a record pace
In order to get an idea of the physical silver market, we use (1) the physical holdings of all silver ETF’s combined together with (2) US Mint sales of Silver Eagles. Those are leading indicators when it comes to investment demand for physical silver.
(1) The US Mint has sold a record amount of US Eagles when compared to the first quarter of all previous years (also described here in detail).
Read the complete article at Gold Silver World here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.