American Silver Eagle Sales Set Record Third Year in a Row

Sales of American Silver Eagles set a record yesterday, reports Louis Cammarosano of  Smaulgld .

The 737,000 American Silver Eagles sold on Wednesday put the total sales at 44,666,500 passing last year’s record of 44,006,000.

As I point out regularly in the EPJ Daily Alert, silver purchases like these are resulting in silver moving into very strong hands, that is, it is silver that won't be sold into the market on a slight uptick.

-RW