U.S. mint sells 74 times more silver than gold for Aug

[Large Sarge]

http://networkedblogs.com/BQJbq

[mamboni]

http://networkedblogs.com/BQJbq

Good news! Silver eagle sales had been tapering off after beginning of 2012. Maybe they will pick up steam in September. Perhaps enough people are waking up to the silver story to break the back of JP Morgan and the shorts?

[JohnQPublic]

SInce the GS ratio ~= 51.6, this means they had 100*74/51.6-1=43% higher silver sales in fiat value than gold.

[Serpo]

Physical silver sales simply cannot continue to be 75 times gold sales when the natural in-ground mining ratio is now 8-1 (2011 world average).

[Neuro]

Physical silver sales simply cannot continue to be 75 times gold sales when the natural in-ground mining ratio is now 8-1 (2011 world average).
YES We CAN!

[Dogman]

Sounds silver positive!

[gunDriller]

YES We CAN!

come-on JPMorgue, use your paper silver skills & give us another chance to buy physical silver for $28 an ounce delivered !

maybe if we sent Blythe Masters a Hallmark card.

[Neuro]

come-on JPMorgue, use your paper silver skills & give us another chance to buy physical silver for $28 an ounce delivered !

maybe if we sent Blythe Masters a Hallmark card.
I know it may be early, but I'll make a prediction, that we'll never see $28 silver delivered, again! (We may see a spot price of Silver below $28, but it won't be delivered, if you bought such a contract)...

[mick silver]

you could call this a bank run . it look like people could be waking up