Loading ...There are two charts every precious metals investor needs to see. The U.S. Mint is celebrating its 30 year anniversary producing Gold and Silver Eagles and if we look at the sales data of these two Official precious metal legal tender coins going back to 1986, we find some very interesting trends.
The U.S. Mint started selling Gold and Silver Eagles in 1986. The first year the U.S. Mint produced these coins, 1,787,750 oz of Gold Eagles were sold compared to 5,096,000 Silver Eagles… a 3 to 1 ratio. That was the first and last year, the Silver-Gold Eagle ratio was that low.
“Investors purchased nearly 5 times more Silver Eagles a year after the Great U.S. Economic Collapse in 2008, than they did from 1986-2007. In contrast, the U.S. Mint only sold an average of 50% more Gold Eagles from 2008-2014 compared to the yearly average from 1986-2007. Basically, Silver Eagles outperformed Gold Eagle sales by 10 to 1 since 2008.”
Let’s first look at the Gold Eagle sales chart: Read more and see charts