The U.S. Mint had the highest monthly silver bullion sales since December 1986. That month, over two decades ago, was only the second month in which the coins were ever sold, the Gov. had just offered the program.

Additionally, today’s U.S. Mint sales are still subject to rationing, the total’s recorded here are not 100% what could have been sold if more of the precious metal was available. Silver buyers are in line ready to buy more. Rationing began in February 2008.

Also amazing is that during March the Mint only sold the one ounce Gold & Silver Eagles. The 1/2, 1/4 and 1/10 ounce coins were not even available. Production is still being delayed of the 24k Buffalo, the Plat. Eagle and the before mentioned fractional gold coins. It’s like a run on the gold and silver bank! The highest amount of Silver Eagles ever sold in one month was December 1986 at 3,696,000. Take a look at March 2009 and next to it is March 2008.

What does all the big demand for silver mean? Golly, I thought the recession was over and things were getting back to ‘normal’…(insert sarcasm). That’s what the T.V. news says!

Source: http://goldandsilverblog.com…