Monthly Archives: June 2015

Silver Investment in 2015

Silver Bars

Silver is a greyish-white metal with a soft and shiny appearance. Silver is a chemical element with the atomic number 47 and Ag as its chemical symbol. It is found in lead and copper ores, and it’s used to make coins, art pieces, jewellery, and utensils. Currently, silver metal is used in industrial applications, photography, electronics, and dentistry.
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Royal Canadian Mint Releases $30 Battle of the Atlantic Silver Coin

Video added on Nov. 2016

During the six long years of the Second World War, the naval warfare endured by the Allied forces in the waters of the Atlantic Ocean was strongly supported by the Canadian Merchant Navy who provided them with the much-needed personnel, food, fuel and weapons.
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Sales Of US Silver, Gold Coins Drop to 10-Month Lows In May

Credit: T.Voekler / CC-BY-SA 3.0

As per preliminary reports from US Mint, sales of silver coins hit a 10-month low in May. It sold hardly 2.02 million ounces of American Eagle silver coins in May, the weakest total since July 2014 and down by almost 28% from 2.8 million ounces in April.

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US Mint Lifts Allocation of American Silver Eagle Bullion Coins

American Silver Eagle

American Silver Eagle. Credit: PD Photo

After a nearly seven-month purchasing restriction, the US Mint announced on June 1, 2015, that the American Silver Eagle coin is now available, in unlimited quantities, for order by authorized purchasers. The allocation was set in place last November when consumer demands exceeded the mints supply of silver metal coins. Such rationing has been utilized, as necessary, since 2008 with periods of enforcement from six to sixteen months. Continue reading