Sales of American Eagle silver
coins by the U.S. Mint jumped to a record this month on increased demand
for an alternative to currencies as the U.S. central bank presses on with
unprecedented stimulus.
Sales surged to 7.42 million
ounces so far in January, the biggest monthly total since 1986, when the
Washington-based Mint began the transactions, Michael
White, a spokesman, said in a phone interview yesterday. The figure compares
with the 1.635 million ounces sold in December, according to mint data.
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