My Motivation – To Keep Grinding… (September 6, 2018)

by FI Fighter on September 6, 2018

in eBooks Update

Summed up in a tweet…

Keep hustlin…

Keep grinding…

Keep going…

 

It’ll be worth it.

 

Fight On!

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{ 1 comment… read it below or add one }

1 JamesNo Gravatar September 9, 2018 at 1:21 pm

The US Mint stopped producing Silver Eagle coins this month claiming they ran out of blanks due to high demand. But they’re own sales data show they’re selling far fewer coins this year vs. recent years even as the silver price plummets. All this is happening as the gold-silver ratio is at a record high. I’m not saying silver won’t go lower. But it appears silver is very attractive at current prices.

Does anyone know what it costs to extract silver from the ground?

US Mint stops producing SEs
http://www.kitco.com/news/2018-09-06/Surge-In-Silver-Demand-Leaves-U-S-Mint-With-No-Eagle-Silver-Bullion-Coins.html

US Mint Am. Eagle sales by month (summarized below)
https://www.usmint.gov/about/production-sales-figures/bullion-sales

2018 (YTD) – 10.275M SE coins sold
2017 – 18.066M
2016 – 37.702M
2015 – 47.000M
2014 – 44.006M
2013 – 42.675M

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