{"id":56394,"date":"2021-01-09T20:00:30","date_gmt":"2021-01-10T01:00:30","guid":{"rendered":"https:\/\/olduvai.ca\/?p=56394"},"modified":"2021-01-09T20:00:30","modified_gmt":"2021-01-10T01:00:30","slug":"u-s-mint-sells-2-7-million-silver-eagles-first-week-of-2021","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=56394","title":{"rendered":"U.S. Mint Sells 2.7 Million Silver Eagles First Week Of 2021"},"content":{"rendered":"
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U.S. Mint Sells 2.7 Million Silver Eagles First Week Of 2021<\/a><\/h3>\n<\/header>\n
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With the Fed and central banks pumping up the markets with a record amount of money printing, liquidity, and stimulus, investor demand for precious metals continues to be very strong.\u00a0 In the first week of 2021, the U.S. Mint sold 2.7 million Silver Eagles.\u00a0 The Mint also sold 45,000 oz of Gold Eagles.<\/p>\n

While Silver Eagle sales are elevated in the first month of every year as the Authorized Purchases are stockpiling the new dated official coin, 2.7 million in the first week is a solid start.<\/strong>\u00a0 With three more weeks in the month, sales of Silver Eagles may reach 4-5 million.\u00a0 According to the U.S. Mint website, here is the breakdown in Silver and Gold Eagle Sales.<\/p>\n

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Unfortunately, the U.S. Mint didn\u2019t show any Platinum or Palladium Eagle sales so far in January.\u00a0 The U.S Mint didn\u2019t sell any Palladium Eagles in 2020 and stopped producing Platinum Eagles in May.\u00a0 With a tightness in the Palladium market, it\u2019s no wonder the U.S. Mint hasn\u2019t sold any of these coins for quite a while.<\/p>\n

Demand for precious metals continues to be strong even though we see NOISE BLEED price levels for Bitcoin.\u00a0 Bitcoin surpassed $40,000 today.\u00a0\u00a0Both Tesla and Bitcoin are perfect examples of TULIP BUBBLES ON STEROIDS.<\/strong>\u00a0 If investors want to know Tesla\u2019s REAL FAIR VALUE, you need to check out the Silver Member post below.<\/p>\n

Regardless, Silver Eagle sales in 2020 surpassed 30 million while Gold Eagles totaled 844,000 oz.\u00a0\u00a0Amazingly, the U.S. Mint has sold over a half-billion Silver Eagles and 24 million Gold Eagles, which turns out to be a 23\/1 Silver to Gold Eagle ratio over the 1986-2020 period<\/strong>.\u00a0 However, the ratio last year was 36\/1.\u00a0 Thus, the U.S. Mint sold 36 times more Silver Eagles than Gold Eagles in 2020.<\/p>\n

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\u2026click on the above link to read the rest of the article\u2026<\/p>\n

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U.S. Mint Sells 2.7 Million Silver Eagles First Week Of 2021 With the Fed and central banks pumping up the markets with a record amount of money printing, liquidity, and stimulus, investor demand for precious metals continues to be very strong.\u00a0 In the first week of 2021, the U.S. Mint sold 2.7 million Silver Eagles.\u00a0 […]<\/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":[647,730,30387,12073,3564],"class_list":["post-56394","post","type-post","status-publish","format-standard","hentry","category-economics","tag-precious-metals","tag-silver","tag-silver-eagles","tag-srsrocco-report","tag-us-mint"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56394","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=56394"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56394\/revisions"}],"predecessor-version":[{"id":56395,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56394\/revisions\/56395"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}