by Steve St. Angelo, SRSRocco Report:
The U.S. Mint has sold nearly 5 million Silver Eagles in the first three weeks of the year compared to only 87,500 oz of Gold Eagles. This is a Big trend change compared to the previous three years, as the Silver-to-Gold Eagle buying ratio has more than doubled.
For example, the U.S. Mint Silver-to-Gold Eagle sales ratio ranged between 22/1 and 27/1 from January 2021 to 2023. However, the U.S. Mint has sold 56 times more Silver Eagles than Gold Eagles so far in January. It seems that investors are taking more advantage of the lower silver price than the $2,000+ gold price.
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