U.S. Mint Silver Sales explode

On average the U.S. mint sells 2.8 million ounces of silver per month to the public. But January 2013 started with a boom. In just 1 day, the U.S. mint sold 3.9 million ounces of silver. The increased demand for silver is definitely a consequence of the recent undervaluation in the price of silver. This will be a record month for silver sales.

Table 1: U.S. Mint Silver Sale on 8 January 2013