Fri, Nov 1, 2013 - 6:42pm
Silver Outsells Gold 75.29 to 1 at the U.S. Mint in October
- Retail investors continue to buy physical silver and gold in large quantities
-2013 Silver Eagle sales to date pass 39 million approaching 2011 record of 39.8 million.
Earlier this year we started tracking the silver to gold sales ratio as measured by the sales of physical gold vs. sales of silver bullion at the U.S. Mint. We track the sales of one ounce American Gold Eagles vs. one ounce American Silver Eagles. We now provide this data from 2008 through October 2013 and compare it to the gold/silver ratio that measures how many ounces of silver it takes to purchase one ounce of gold.
Edited by: Smaulgld on Nov 8, 2014 - 5:08am