Santacruz Silver Mining reports fatality at Tres Amigos mine in Bolivia
Tres Amigos mine, a part of the Caballo Blanco Group of mines, has resumed operations after it was shut down following the incident.
Coin Update reports for November 2011, sales of the United States Mint’s most popular gold and silver bullion coins fell to their lowest monthly levels in years after first slowing down in October.
Sales of the one ounce American Silver Eagle coins were 1,384,000 for November, down by more than 50% from the previous month and down by nearly two-thirds from a year ago while the American Gold Eagle coin sales totaled 41,000 ounces for November 2011, down from 50,000 ounces in the previous month, and down more than half last year’s monthly sales.
Comments
banditfla
Sales figures fluctuate all the time. At the time this was written, silver was steadily dropping from its astronomical highs earlier in the year. People are less inclined to buy silver bullion -http://www.providentmetals.com/silver-bullion.html – when it’s dropping. I bet if we were to check sales numbers from March or April of 2011, we’ll find them to be at or near-record highs. While sales do drop when the prices do, it’s not exactly the best from an investment perspective. Buying on the dips is the best way to accumulate more physical metal for your money. Silver is currently around $33 but could go much higher, especially if talk about shortages we see so much about turns out to be true