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2017 ASE sales from the US Mint - Page 7
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Thread: 2017 ASE sales from the US Mint

  1. #61
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    As of Wednesday October 4th, the US Mint has shipped 150,000 ASE's for the month of October and 16,048,500 YTD.

    The 2009 number is now 3,385,000 behind and the 2008 number is still the same at 430,000 behind.

    At least they haven't lost any ground on the 2008 number so far this month.

    On a positive note, for buyers that is, you can still buy brand new ASE's for under $19 in volume and brand new cheap generic for under $17 for any quantity.



    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2012 pace is 33.7 million ASE's
    The 2010 pace is 34.7 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2011 pace is 39.9 million ASE's
    The 2013 pace is 42.7 million ASE's
    The 2014 pace is 44.0 million ASE's
    The 2015 pace is 47.0 million ASE's


    Quote Originally Posted by valerb View Post
    As of Friday September 29th the US Mint finalized the monthly total ASE's shipped 320,000 and 15,898,500 YTD

    This was only the fifth time since February of 2008 that the US Mint has shipped under one million ounces in any month.

    The first time was 240K in Feb of 2008 and the next time was December of 2016 when they shipped 200k as part of this current string of very low shipping months.

    They also failed to break the million mark in April of this year at 835K and again in June with 986K and in August they barely cleared it with 1.025 million,

    Now they have followed this up with 320K in September and how does this stand with the 2008 and 2009 yearly totals?

    They are now 3,700,000 behind the 2009 pace, needing 12.9 million ounces in three month to catch up, virtually impossible at this point without millions of surplus ASE's setting in the US Mint.

    As far as the 2008 number which I'm still having problems believing what I'm seeing, they are now 430,000 ASE's behind.

    It's a small number to catch up with, only 3,685,000 in three months, but that's an average of 1,230,000 per month and they have only exceeded that amount three times and failed five other times this year.

    July was the second largest month this year with 2,320K and if they repeated that with the next two monthly totals they would still be 20K short.

    However I do have confidence in the US Mint having an ample supply on hand to meet the needs to reach this number as long as the shipments are done primarily in October and November as the US Mint tries their best to make sure they do no end up with a bunch of last years product on hand. They are not a full fledged mint that can simply melt them back down and start all over again. They would have to sell them to some one at a discount or scarp them as they only buy blank rounds from other mints to stamp. Plus everyone should remember the US Mint officially shuts down sometime after the first week in December for any further production. Then will continue to ship orders if the have stock available until the end of the year.

    That old saying that anything is possible is starting to run out of time, capacity and dealers being able to deliver no matter what.

    However it's never too later for the Silver spot price to take off, it's not dependent on the availability of ASE's or any other retail Silver product.

    Although the amount of 2.2 billion ounces of available Silver is kind of scary to think of a moon shot and as the price rises it will come pouring back in, some of mine included.

    ASE sales were on a really great role from 2008 through 2011 and then had a sales set back of 6.2 million ounces in 2012, but bounce right back with new higher records in 2013, 2014 and 2015.

    Then the bottom fell out in the latter half of 2016 leading into 2017 and making the 2016 year numbers 9.3 million ounces less than the year before.

    But this year they are not tumbling another 9 million ounces in a back to back years making it 18 million but probably at least another 15 - 18 million making it closer to a 24 - 27 million plunge from 2015.

    I can't say the same thing has been happening for generic Silver products, but with the premiums I've been posting this year and the sales I've seen, it sure doesn't look like they have been moving a lot of it either.

    I can say for sure that 90% has not been moving as we have been seeing premiums come down to levels not seen since before the 2008 fiasco and Tulvings demise.

    Low 90% premiums does not go well for the dealers trying to scalp us with high premiums for fractional Silver products, actually fractional Silver products did fairly poorly in the market place before 90% premiums went for a train ride. Then when 90% was no longer such a great bargain, fractional Silver became available everywhere. Now that 90% is becoming worth what it's really worth again and that's just above the spot price when they sell it to us and well below when we sell it back, Fractional Silver will either become a serious dust collector or they will start selling it for what its truly worth and that is substantially less than an a one ounce round and not as much or more no matter how cheap they are being sold at.

    For a stamping plant to say it cost them just as much labor to produce a 1/10 ounce round as it does a one ounce round, that might be true if they are a small time outfit using a simple press that can only stamp one coin at a time no matter what the size. However the number of rounds that can be pressed out of a more serious press depends on the size of the products. The smaller the size the more products that can be stamped in one pressing, so you can imagine how many 1/10th ounce rounds might be able to be pressed in place of say ten ounce ounce rounds per press.

    In other words, small time stamping plants should not get involved with fractional Silver products if they are only stamping one coin at a time in today's competitive market place.

    I really want to see fractional Silver premiums come down for quantity purchases where the dealer can still makes his profit on volume of ounces sold and the investors can stack up fractional Silver without having to pay a high premium, after all, fractional Silver is still an ounce of Silver when you go to sell it. It's just an extra bonus to have incase the zombies ever roam the planet and you would need physical Silver in small denominations, but only if your paying reasonable premiums for it.

    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2012 pace is 33.7 million ASE's
    The 2010 pace is 34.7 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2011 pace is 39.9 million ASE's
    The 2013 pace is 42.7 million ASE's
    The 2014 pace is 44.0 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!!!

  2. #62
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    As of Tuesday October 10th, the US Mint has shipped 300,000 ASE's for the month of October and 16,198,500 YTD

    The 2009 number is now 3,895,000 behind and the 2008 number is now 480,000 behind



    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2012 pace is 33.7 million ASE's
    The 2010 pace is 34.7 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2011 pace is 39.9 million ASE's
    The 2013 pace is 42.7 million ASE's
    The 2014 pace is 44.0 million ASE's
    The 2015 pace is 47.0 million ASE's



    Quote Originally Posted by valerb View Post
    As of Wednesday October 4th, the US Mint has shipped 150,000 ASE's for the month of October and 16,048,500 YTD.

    The 2009 number is now 3,385,000 behind and the 2008 number is still the same at 430,000 behind.

    At least they haven't lost any ground on the 2008 number so far this month.

    On a positive note, for buyers that is, you can still buy brand new ASE's for under $19 in volume and brand new cheap generic for under $17 for any quantity.



    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2012 pace is 33.7 million ASE's
    The 2010 pace is 34.7 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2011 pace is 39.9 million ASE's
    The 2013 pace is 42.7 million ASE's
    The 2014 pace is 44.0 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!!!

  3. #63
    Join Date
    May 2007
    Location
    Atlanta
    Posts
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    As of Monday October 16th, the US Mint has shipped 750,000 ASE's for the month of October and 16,648,500 YTD

    That's 450,000 over the past four day's, not a killer amount but helps closing the gap on that 2008 number, at least for right now.

    The 2009 number is now 4,105,000 behind and the 2008 number is now 230,000 behind.




    Quote Originally Posted by valerb View Post
    As of Tuesday October 10th, the US Mint has shipped 300,000 ASE's for the month of October and 16,198,500 YTD

    The 2009 number is now 3,895,000 behind and the 2008 number is now 480,000 behind



    The 2008 pace is 19.6 million ASE's
    The 2009 pace is 28.8 million ASE's
    The 2012 pace is 33.7 million ASE's
    The 2010 pace is 34.7 million ASE's
    The 2016 pace is 37.7 million ASE's
    The 2011 pace is 39.9 million ASE's
    The 2013 pace is 42.7 million ASE's
    The 2014 pace is 44.0 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!!!

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