50496...selling of eagles has really accelerated in the past hour and a half. Its amazing with some of the pessimism in some of the silver blogs that in the real world physical is getting snatched at record pace.
Do we know this is a record pace? Over 30 million eagles minted in 2009 and 2010 - which is around 90 000 a day. So we'd need to know how much of that market Apmex has. I wouldn't have thought 5000 in an hour in a busy part of the day would be that exceptional.
Keep in mind Im only keeping an eye only on 2011 Eagles at Apmex. Apmex is the most popular store but in the US but do keep in mind plenty of the big buyers use Tulving.com, where the minimum purchase starts at a monster box. Ive been keeping track of the sales somewhat since the start of the bull market, and inventory seems to moving almost twice as fast as it did when he had a big correction a few months ago in silver.
34859 Eagles left...and this is with some minor inventory increases... Pandas 2011 almost sold out...im guessing they are going to add more inventory when all said and done..or are they..
got this chart from ZH, Apmex sales vol https://docs.google.com/document/d/18U_lxCXwjymKoAVsrV-uEjaXFaP8JyZSpYFxf0ByMg0/edit?hl=en&pli=1#