After experiencing record demand over the first week of 2013 sales, the US Mint has stopped taking orders for 2013 American Silver Eagles, as they simply do not have the inventory. Opening day sales on January 7th totaled nearly 4 million coins, which was a single day sales record for the American Silver Eagle. Thus…

Both gold and silver had strong weeks, as physical supply issues as well as positive economic news drove both metals significantly higher. After last week’s relatively stagnant market, we finally had some news come out to drive some action in the precious metals spot markets. Below we’ll recap each day’s trading and explain what drove…

Silver and gold experienced a bit of an up and down week, with the end result being rather flat overall. After last week’s Fed minutes hinted at reduced or no quantitative easing in late 2013, metals started out a bit shaky, falling $0.25 and $1.60 during Monday’s trading. The downward pressure was also aided by…

Precious metals experienced quite a wild week, with the fiscal cliff driving most of the action. Late on New Years Day, legislators passed a bill to extend certain tax cuts and heighten the debt ceiling, largely averting the fiscal cliff’s ramifications for the time being. As a result of this resolution, both stocks and precious…