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2017 ASE sales from the US Mint - Page 6
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Thread: 2017 ASE sales from the US Mint

  1. #51
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    As of Monday August 14th, the US Mint has shipped 235,000 ASE's for the month of August and 14,788,500 YTD.


    Quote Originally Posted by valerb View Post
    As of Monday August 7th, the US Mint has shipped 110,000 ASE's for the month of August and 14,663,500 YTD

    On a positive note, 110,000 shipped the past five days is 60,000 more than the previous five shipping days
    Last edited by valerb; 15th August 2017 at 15:42.
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  2. #52
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    As of Monday August 21st, the US Mint has shipped 425,000 ASE's for the month of August and 14,978,500 YTD.

    On top of last years decline in ASE's shipments from the US Mint of 9.3 million ASE's from the previous year total of 47 million, this years total looks to be struggling to beat the 2009 number of 28,784,000.

    I'm not predicting it won't beat the 2009 number, but it's also possible that it could be much closer to the 2008 number of only 19.5 million ounces.

    Of course as always things can change in a heart beat with anything happening or just one dealer placing a monster order.

    To make a point about the low 2008 number being a real possibility, the US Mint would need to ship over 50,000 ounces every available shipping day for the remainder of this year just to reach this number let alone the 2009 number which is an additional 9 million and another 112,000 ASE per day or about 165,000 every day.

    Considering they have only averaged shipping 28,333 ASE's per day for the first 15 shipping day's of this month, it's not a bright looking future

    This is continuing to be one disastrous year for retail Silver sales, so far!!!
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  3. #53
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    As of Monday August 28th, the US Mint has shipped 725,000 ASE's for the month of August and 15,278,500 YTD

    Looks like someone read my post last week and is doing everything they can to keep their head above the 2008 level.

    They averaged shipping 60,000 per day over the past week versus the 50,000 needed to keep ahead of that 2008 number, but have fallen another 525,000 behind the 2009 pace.

    Maybe $18, $19 or $20 spot price is the answer to higher sales..




    Quote Originally Posted by valerb View Post
    As of Monday August 21st, the US Mint has shipped 425,000 ASE's for the month of August and 14,978,500 YTD.

    On top of last years decline in ASE's shipments from the US Mint of 9.3 million ASE's from the previous year total of 47 million, this years total looks to be struggling to beat the 2009 number of 28,784,000.

    I'm not predicting it won't beat the 2009 number, but it's also possible that it could be much closer to the 2008 number of only 19.5 million ounces.

    Of course as always things can change in a heart beat with anything happening or just one dealer placing a monster order.

    To make a point about the low 2008 number being a real possibility, the US Mint would need to ship over 50,000 ounces every available shipping day for the remainder of this year just to reach this number let alone the 2009 number which is an additional 9 million and another 112,000 ASE per day or about 165,000 every day.

    Considering they have only averaged shipping 28,333 ASE's per day for the first 15 shipping day's of this month, it's not a bright looking future

    This is continuing to be one disastrous year for retail Silver sales, so far!!!
    Last edited by valerb; 2nd September 2017 at 00:04.
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  4. #54
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    As of Tuesday August 29th, the US Mint has shipped 1,025,000 ASE's for the month of August and 15,578,500 YTD.

    That's more like it, not 300,000 in a week, but in one day, now only 390,000 behind the 2009 pace and closing.




    Quote Originally Posted by valerb View Post
    As of Monday August 28th, the US Mint has shipped 725,000 ASE's for the month of August and 15,278,500 YTD

    Looks like someone read my post last week and is doing everything they can to keep their head above the 2008 level.

    They averaged shipping 60,000 per day over the past week versus the 50,000 needed to keep ahead of that 2008 number, but have fallen another 525,000 behind the 2009 pace.

    Maybe $18, $19 or $20 spot price is the answer to higher sales..
    Last edited by valerb; 2nd September 2017 at 00:06.
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

  5. #55
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    For the month of August, the US Mint shipped 1,025,000 ASE's and 15,578,500 YTD

    Looking at exceeding that 2009 yearly target, the shipments are now 720,000 ASE's behind schedule over the last eight day's in August and 200,000 ahead of the 2008 pace.

    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2015 pace is 47.0 million ASE's
    The 2016 pace is 37.7 million ASE's


    A spot price of $19 or more should really help ASE shipments, assuming the dealers are not setting on a pile in spite of low shipments out of the US Mint throughout the year.

    It's very possible that actual sales are worse than US Mint shipment records.

    With SD Bullion selling ASE's all year for only 49 over their cost all year and then they dropped their premium for a monster box all the way down to 24 each, that's saying a lot about the volume these dealers have on hand.

    Plus they are not the only dealers selling at lower premiums at the monster box level now.

    Are these dealers doing this for business, any business or a loss leader or just because they have too many ASE's and do not want to get caught with them at year end.

    Even though the profit on an ASE may be very narrow for a dealer, the premium is still way out of line with all other Silver products in today's market.

    90% Silver is no longer $4 and $5 per ounce, but going for 49 - 99, which is about where it has normally been for many years in the past.

    Yet the US Mint has maintained their high markup price they jacked up back in 2010 and is hurting ASE sales in a big way when compared to any other product you can buy for under $1 per ounce and often under 50

    We are not seeing the lowest spot prices this century, but we are seeing the lowest premiums by far for generic Silver, especially second hand coming back through the pipelines.

    Often selling for 25 or less and sometimes at even spot. That may sound hard to believe but when you sell yours for a $1 under and they turn it around and sell it for spot, it can be more profitable than selling new Silver.



    Quote Originally Posted by valerb View Post
    As of Tuesday August 29th, the US Mint has shipped 1,025,000 ASE's for the month of August and 15,578,500 YTD.
    That's more like it, not 300,000 in a week, but in one day, now only 390,000 behind the 2009 pace and closing.
    Last edited by valerb; 2nd September 2017 at 00:51.
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  6. #56
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    As of Tuesday September 5th, the US Mint has shipped 25,000 ASE's for the month of September and 15,603,500 YTD

    That's only 25,000 shipped over the past 4 shipping day's, so much for stacking orders or at least that's all they have pushed out the door so far.

    Looking at exceeding that 2009 yearly target, the shipments are now 1,025,000 ASE's behind schedule and 125,000 ahead of the 2008 pace.

    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2015 pace is 47.0 million ASE's



    Quote Originally Posted by valerb View Post
    [SIZE=2]For the month of August, the US Mint shipped 1,025,000 ASE's and 15,578,500 YTD

    Looking at exceeding that 2009 yearly target, the shipments are now 720,000 ASE's behind schedule over the last eight day's in August and 200,000 ahead of the 2008 pace.

    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2015 pace is 47.0 million ASE's
    The 2016 pace is 37.7 million ASE's


    A spot price of $19 or more should really help ASE shipments, assuming the dealers are not setting on a pile in spite of low shipments out of the US Mint throughout the year.

    It's very possible that actual sales are worse than US Mint shipment records.

    With SD Bullion selling ASE's all year for only 49 over their cost all year and then they dropped their premium for a monster box all the way down to 24 each, that's saying a lot about the volume these dealers have on hand.

    Plus they are not the only dealers selling at lower premiums at the monster box level now.

    Are these dealers doing this for business, any business or a loss leader or just because they have too many ASE's and do not want to get caught with them at year end.

    Even though the profit on an ASE may be very narrow for a dealer, the premium is still way out of line with all other Silver products in today's market.

    90% Silver is no longer $4 and $5 per ounce, but going for 49 - 99, which is about where it has normally been for many years in the past.

    Yet the US Mint has maintained their high markup price they jacked up back in 2010 and is hurting ASE sales in a big way when compared to any other product you can buy for under $1 per ounce and often under 50

    We are not seeing the lowest spot prices this century, but we are seeing the lowest premiums by far for generic Silver, especially second hand coming back through the pipelines.

    Often selling for 25 or less and sometimes at even spot. That may sound hard to believe but when you sell yours for a $1 under and they turn it around and sell it for spot, it can be more profitable than selling new Silver.
    Last edited by valerb; 8th September 2017 at 07:17.
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

  7. #57
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    As of Monday September 11, the US Mint has shipped 75,000 ASE's for the month of September and 15,653,500 YTD

    That's only 50,000 over the past four shipping day's. Looks like we need a much higher spot price to induce people to start buying ASE's in quantity.

    Looking at exceeding that 2009 yearly target, the shipments are now 1,635,000 ASE's behind schedule and only 25,000 ahead of the 2008 pace.

    It's still possible to reach the 2009 level but extremely unlikely at this point unless ASE's shipments go through the roof for the rest of the year and it's doubtful the US Mint will be prepared to ship another 13+ million based on shipments so far in such a short period of time so late in the year. Knowing the US Mint has plans to start producing the 2018 coin in November at the latest to get a jump start on the January rush that happens every year, it's not likely they will be prepared to put that plan aside to meet any late season rush and put themselves in the hole starting off the next calendar year. They typically shut down all production for the current year sometime after the first week in December to switch all equipment over to the next years run.





    Quote Originally Posted by valerb View Post
    As of Tuesday September 5th, the US Mint has shipped 25,000 ASE's for the month of September and 15,603,500 YTD

    That's only 25,000 shipped over the past 4 shipping day's, so much for stacking orders or at least that's all they have pushed out the door so far.

    Looking at exceeding that 2009 yearly target, the shipments are now 1,025,000 ASE's behind schedule and 125,000 ahead of the 2008 pace.

    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2015 pace is 47.0 million ASE's
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

  8. #58
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    As of Tuesday September 19th, the US Mint has shipped 125,000 ASE's for the month of September and 15,703,500 YTD

    That is only 50,000 over the past six shipping days and with only 8 shipping day's remaining in the month this could end up being the worse monthly total for the year.

    Looking at exceeding that 2009 yearly target, the shipments are now 2,575,000 ASE's behind schedule and 225,000 behind the 2008 pace.

    I could see the 2009 number of 28.8 million slipping away, but it's unimaginable to comprehend going anywhere near the 19.6 million shipped back in 2008. Just one good shipping day can reverse that 2008 trend...

    Quote Originally Posted by valerb View Post
    As of Monday September 11, the US Mint has shipped 75,000 ASE's for the month of September and 15,653,500 YTD

    That's only 50,000 over the past four shipping day's. Looks like we need a much higher spot price to induce people to start buying ASE's in quantity.

    Looking at exceeding that 2009 yearly target, the shipments are now 1,635,000 ASE's behind schedule and only 25,000 ahead of the 2008 pace.

    It's still possible to reach the 2009 level but extremely unlikely at this point unless ASE's shipments go through the roof for the rest of the year and it's doubtful the US Mint will be prepared to ship another 13+ million based on shipments so far in such a short period of time so late in the year. Knowing the US Mint has plans to start producing the 2018 coin in November at the latest to get a jump start on the January rush that happens every year, it's not likely they will be prepared to put that plan aside to meet any late season rush and put themselves in the hole starting off the next calendar year. They typically shut down all production for the current year sometime after the first week in December to switch all equipment over to the next years run.
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

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