With one trading day left in January, it appears we are going to fall short of the lofty Silver American Eagle sales of January 2011.
Silver American Eagle sales month to date are at 6,082,000 oz compared to January 2011 which was 6,422,000 oz. January 2012 sales are still very impressive to say the least. With all the controversy surrounding the U.S. Mint's reporting system at then end of 2011, I believe February-March sales data will provide better insight on where we stand with silver eagle demand.