SideNote: I might add, we see what the future holds, and it doesn't look like a Sunday picnic with sunshine and smiling faces. It is a simple deduction, would you rather be holding fiat or PMs when the sky starts to fall?? GRIM

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Sales data compiled by the U.S. Mint shows that a total of 95,000 ounces of gold were sold in May, up more than 206% from 31,000 ounces sold in May 2015.

It’s a tale of two markets: gold futures ended May with the biggest monthly decline since November but physical demand saw a significant increase from last year.

Silver demand was just as impressive as sales increased annually and month-over-month. The data showed that the U.S. Mint sold 4,489,500 ounces of silver in May, up 122% from 2,023,500 ounces sold in 2015, and up 10.5% from 4,072,000 ounces sold in April. This is the fifth consecutive month the mint has seen sales of more than 4 million ounces; in January of 2016, silver coin sales hit almost 6 million ounces.

“Looking at the physical markets you can see signs of long-term strength,” he said. “Coin buyers [won't be] selling their physical gold any time soon.”

Phillip Streible, senior market strategist at RJOFutures, said that he is not surprised that investors are jumping into the bullion market. Global financial uncertainty and shaky equity markets makes gold and silver an attractive investment, he said.

“Physical buyers just don’t have any faith in the economy and the system and want a store of wealth they can trust,” he said.

((( THE SILVER STACKERS )))