Guillermo Barba: Silver coin demand rises sharply in Mexico

April 30, 2013 in Coins, Mexico Coins, Precious Metals, Silver, Silver Coins, World Coins


Submitted by cpowell on Mon, 2013-04-29 04:02. Section: 

12:03a ET Monday, April 29, 2013

Dear Friend of GATA and Gold:

Mexican financial journalist Guillermo Barba reports tonight that demand for his country’s silver Libertad coins has exploded, according to information provided to him by the Bank of Mexico.

For April through the 23rd of the month, Barba writes, the central bank had sold 174,055 Libertad coins, more than were sold in the first three months of this year altogether — 169,928 coins total in those three months, 46,693 in January, 80,929 in February, and 42,306 in March.

Last year, Barba adds, demand for the silver Libertad was down by 60 percent.

Barba’s report is posted in Spanish at his Internet site, Global Financial Intelligence, here:…

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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