The Phaserl


US Mint Silver/Gold Eagle Sales Ratio Explodes to Staggering 500/1!

from Silver Doctors:

Ever since the big take-down in the price of the precious metals in April of this year, an interesting trend has taken place in the Gold & Silver Eagle market. While demand for both coins remained strong in the first four months of the year, investors are now overwhelmingly purchasing more Silver Eagles — banking on much higher gains in silver than gold.

The gold to silver sales ratio was 19.5/1 in April, fell to 80/1 in July and so far in August it is a staggering 489/1!

Over the last month, investors are overwhelming purchasing nearly 500 times as many Silver Eagles as Gold Eagles from the US Mint!

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