The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Wednesday, March 22, 2017

Silver mint sales skyrocket this week as gold to silver ratio remains at 70/1

There has been much discussion over the past 30-45 days of the decline in the purchasing of gold and silver bullion from the U.S. Mint.  And there are many factors that could be driving this decline in demand which include institutions going full bore into stocks (as we saw with the Dow going from 20,000 to 21,000 in record time), and also the fact that retail consumers are desperately out of money to buy non-necessity items.

But something interesting happened on Monday which may be showing that the past month's declines in silver buying was perhaps just a blip on the radar as reported sales on Monday, March 21 were alone more than three times the total amount of Mint silver sales from the previous week.

Image result for silver better investment than gold
Silver at just $17.50 per ounce remains about 1/ 70th of the price of gold at $1,230/oz today. This gold silver ratio of 70.3 continues to drive silver ‘stackers,’ value investors and those seeking a better return than gold to accumulate silver at what are seen at these still relatively cheap levels. 
This is seen in continuing robust demand for the very popular silver bullion coin this week. The U.S. Mint sold 715,000 of Silver Eagles ( 1 oz) this week, to bring the year to date sales totals for 2017 to a robust - 7,557,500 Silver Eagle coins. 
We have seen very robust demand for silver again this year, especially from clients in the UK and Ireland buying silver bullion coins (now VAT free) such as Silver Eagles. We are seeing even greater demand for Silver Maples and Silver Philharmonics. - Silverseek
US Mint Bullion Coin Sales (Number of coins)
Monday SalesLast WeekFeb SalesMar Sales2017 Sales
Silver Eagles
(1 oz)
715,000220,0001,215,0001,215,0007,557,500
Gold Eagles
(1 oz)
4,0002,50021,00010,000117,500
Gold Buffalos
(1 oz)
1,5002,50015,0004,50051,500

Friday, February 5, 2016

Retail closures scream recession

First it was Macy’s, who within days of the start of the new year announced store closures and layoffs, and was quickly followed by bell wealth company Walmart, who doubled down and reported the closure of hundreds of stores.  And now we can include at least six more major retailers who are shuttering down their low revenue outlets as economic conditions scream recession a little more than a month into 2016.
Contrary to mainstream business news, last year’s holiday shopping season was a major disappointment with sales growth worse than in 2014.  And after two years of blaming cold weather on slumping sales, these same pundits switched course and blamed warm weather instead.

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Tuesday, December 9, 2014

Black Friday and Cyber Monday retail sales dissapoint

It is considered the two most important selling days of the year, and can easily make or break a business dependent upon the outcome.  And with 2014 being an overall disappointing year for consumer spending, both Black Friday and Cyber Monday did little to change that trend as sales for the start of the holiday shopping season were well below expectations.
 

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Monday, December 1, 2014

Tis the season to get high… in Colorado as pot sales soar on ‘Green Friday’

Since the sale of marijuana was legalized in Colorado and Washington earlier this year, the industry has seen its ‘highs’ and lows, but as we begin the annual holiday shopping season, demand for the formerly illegal product is soaring.  In what is being dubbed as ‘Green Friday’, pot retailers in Colorado are experiencing very good revenues as store owners began offering discounts that are part of the allure of the first day of the holiday shopping period.


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Wednesday, January 11, 2012

Don't be fooled on Silver: Mint sells high amounts of silver to public already in 2012

Welcome to 2012, where silver sales by the US Mint in the first few days have already outpaced sales in most full months of 2011.

In the first few days of 2012, the US mint has already sold 4.3 million ounces in silver coins. This is more than in all individual months of 2011 except for January and September, when the mint sold 6.4 million and 4.5 million ounces. Is the retail love affair with physical silver coming back with a vengeance? - Zerohedge


Courtesy of Zerohedge

As a validation of silver, the metal crossed back over $30 an ounce yesterday for the first time in over a month.