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SILVER TO GOLD SALES RATIO JANUARY 2016

by Louis Cammarosano, Smaulgld:

Silver and Gold Sales at the U.S. Mint in January 2016.
Sales of American Silver Eagle Coins in January were 5,926,500.

January American Silver Eagle sales limited by U.S. Mint allocations to its Authorized Purchasers.

Sales of American Silver Eagles in January 2016 were 7.2% greater than January 2015 sales and were the fourth largest January monthly sales ever.

Sales of one ounce American Gold Eagle Coins in January were 89,000.

Sales of one ounce American Gold Eagles in January 2016 were 73% greater than January 2015 sales.

Total ounces of American Gold Eagles sold, including one tenth, quarter and half ounce coins, were the sixth highest ever in the thirty year history of the American Gold Eagle coin program.

The Silver to Gold Sales Ratio January 2015: The U.S. Mint sold 66.59 times more American Silver Eagles than one ounce American Gold Eagles in November.

US Mint Sold 156,500 ounces of gold In January – 50% More than COMEX has listed as registered in its warehouses.

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2 comments to SILVER TO GOLD SALES RATIO JANUARY 2016

  • Craig Escaped Detroit

    Eagles are not the only thing being sold.

    I prefer Silver BEAGLES. (non eagles, LOWER premiums means MORE ounces for MEEeeee.)

    Is that a stack in your pocket, or are you just happy to see me?

    GS?

    (Pirate- Long John Silver, Disco song),
    Shake shake shake, shake your booty, shake your BOOTY. ARRRRRR.

    (for you younger stackers, Long John Silver was the name of a popular TV show pirate, and pirates often say “ARRRR”, like a growling dog. Considered common Pirate Lingo.)

  • Craig Escaped Detroit

    I forgot to say, that PIRATE TREASURE (Gold and Silver) is commonly called “BOOTY”.
    Arrrrr.

    And PIRATES always BURIED their “booty-treasure”, and they were also known to have a lot of “Boating accidents” too.

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