{"id":53420,"date":"2020-05-22T06:58:40","date_gmt":"2020-05-22T11:58:40","guid":{"rendered":"https:\/\/olduvai.ca\/?p=53420"},"modified":"2020-05-22T06:58:42","modified_gmt":"2020-05-22T11:58:42","slug":"u-s-mint-gold-coin-sales-already-double-vs-2019-best-buy-prices-for-gold-eagle-buffalo-update","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=53420","title":{"rendered":"U.S. MINT GOLD COIN SALES ALREADY DOUBLE vs. 2019: Best BUY PRICES For Gold Eagle & Buffalo Update"},"content":{"rendered":"\n

U.S. MINT GOLD COIN SALES ALREADY DOUBLE vs. 2019: Best BUY PRICES For Gold Eagle & Buffalo Update<\/a><\/h3>\n\n\n\n

Sales of the U.S. Mint Gold Eagle and Buffalo coins are already double what they were for full-year 2019.  And, with the Fed and central banks continuing to print money hand-over-fist, I doubt the demand for gold coins will diminish anytime soon.<\/p>\n\n\n\n

Interestingly, sales for precious metals bullion retail products, according to Dan at Cloud Hard Assets<\/strong><\/a>, are running about 60% for gold and 40% for silver (total value, not ounces).  Investors would be buying more silver, but due to the backlog and shortage of retail silver bullion products, individuals are being forced to buy more gold.<\/p>\n\n\n\n

According to the U.S. Mint\u2019s most recent update, sales of 2020 Gold Eagles totaled 332,000 oz compared to only 152,000 oz for 2019.  Furthermore, Gold Buffalo coin sales have reached 117,500 oz versus only 61,500 for 2019.<\/strong> Again, we are only five months into 2020, so it will be interesting to see what demand for these U.S. Gold coins will be for the remainder of the year.<\/p>\n\n\n\n

Investors looking to acquire Gold Eagles and Buffalos are still paying high premiums.  In comparing the premiums for 2020 Gold Eagles and Buffalos, the best value that I could find from the leading online dealers is about 8%.  However, the Gold Buffalo coin premiums were even higher.<\/p>\n\n\n\n

Here is an update on the BEST BUY PRICES for 2020 Gold Eagles and Buffalos from the leading online dealers\u2019 vs. CLOUD HARD ASSETS<\/strong><\/a> (Prices below based on $1,745+ gold spot price early Thursday):<\/p>\n\n\n\n

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As you can see, it\u2019s important to compare the prices of gold bullion products (and services).\u00a0 Moreover, I am putting together a spreadsheet comparing the top online dealers\u2019 Silver Eagle premiums vs.\u00a0CLOUD HARD ASSETS<\/strong><\/a>.\u00a0Today, the top online dealers 2020 Silver Eagle premiums are running about 59% of the current spot price vs. 39% for CLOUD HARD ASSETS.<\/strong>\u00a0Again, it\u2019s wise to compare prices and services at the different precious metals dealers.<\/p>\n\n\n\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. MINT GOLD COIN SALES ALREADY DOUBLE vs. 2019: Best BUY PRICES For Gold Eagle & Buffalo Update Sales of the U.S. Mint Gold Eagle and Buffalo coins are already double what they were for full-year 2019.  And, with the Fed and central banks continuing to print money hand-over-fist, I doubt the demand for gold […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[374,29802,29801,647,12073,3564],"class_list":["post-53420","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gold","tag-gold-coins","tag-gold-eagles","tag-precious-metals","tag-srsrocco-report","tag-us-mint"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53420"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53420\/revisions"}],"predecessor-version":[{"id":53421,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53420\/revisions\/53421"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}