{"id":22064,"date":"2020-05-21T08:24:17","date_gmt":"2020-05-21T14:24:17","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=22064"},"modified":"2021-09-17T11:19:15","modified_gmt":"2021-09-17T21:19:15","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:\/\/srsroccoreport.com\/public\/u-s-mint-gold-coin-sales-already-double-vs-2019-best-buy-prices-for-gold-eagle-buffalo-update\/","title":{"rendered":"U.S. MINT GOLD COIN SALES ALREADY DOUBLE vs. 2019: Best BUY PRICES For Gold Eagle & Buffalo Update"},"content":{"rendered":"

Sales of the U.S. Mint Gold Eagle and Buffalo coins are already double what they were for full-year 2019.\u00a0 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

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).\u00a0 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

According to the U.S. Mint’s most recent update, sales of 2020 Gold Eagles totaled 332,000 oz compared to only 152,000 oz for 2019.\u00a0 Furthermore, Gold Buffalo coin sales have reached 117,500 oz versus only 61,500 for 2019.<\/strong><\/span>\u00a0 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

Investors looking to acquire Gold Eagles and Buffalos are still paying high premiums.\u00a0 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%.\u00a0 However, the Gold Buffalo coin premiums were even higher.<\/p>\n

Here is an update on the BEST BUY PRICES for 2020 Gold Eagles and Buffalos from the leading online dealers’ vs. CLOUD HARD ASSETS<\/strong><\/a>\u00a0 (Prices below based on $1,745+ gold spot price early Thursday):<\/p>\n

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

Again, the prices above were based on a $1,745+ gold spot price during early Thursday trading.<\/p>\n

IMPORTANT VIEWPOINT:<\/strong><\/span>\u00a0 While some followers may find my comparing prices for precious metals bullion products with Cloud Hard Assets on the “SALESMEN” side, I believe in FREE MARKETS and the ability for individuals to find the best deals.\u00a0 Furthermore, I am getting sick and tired of the rampant corruption in the Resource Stock Promoting Newsletter Operations, so buyer beware.<\/p>\n

If you are buying JUNIOR STOCKS promoted by newsletters or websites, you best check to see if the same individual or organization is being paid to promote the stock for ULTERIOR motives.\u00a0 There are a lot of PUMP and DUMP stock promoting services that seem legit, as they put out factual information to COVER their SCHEMES.\u00a0<\/strong><\/span> However, while they publish factual articles on gold and silver, their real BREAD & BUTTER is to get investors to part with their hard-earned money.<\/p>\n

You would be surprised at the names of some of these newsletters and websites.<\/p>\n

Anyhow… if you want to pay more money to buy gold and silver bullion products, IT’s A FREE WORLD.\u00a0 However, I believe it is wise to compare prices, and more importantly, SERVICES from the various online precious metals dealers.\u00a0 Also, watch out for HIGH-PRESSURE salesman from dealers that push products and services that are in THEIR BEST INTEREST… not YOURS.<\/strong><\/span><\/p>\n

You can contact Tom or Dan at CLOUD HARD ASSETS here:\u00a0 PRECIOUS METALS INVESTING<\/strong><\/a>.<\/p>\n

IMPORTANT NOTE:<\/strong><\/span>\u00a0 There is a reason I sponsor Tom Cloud on my site because I believe he is one of the most honest and upfront precious metals dealers in the industry.\u00a0 Not only does Tom offer some of the best rates to purchase gold and silver, but also whenever someone sells metals back to him, HE DOES NOT CHARGE A COMMISSION<\/strong>.\u00a0 The overwhelming majority of precious metals dealers charge a commission to buy back gold and silver.<\/p>\n

I challenge you to check for yourself.<\/p>\n

Also, if you need to store metal at a secure facility, Tom offers some of the lowest storage rates in the industry.\u00a0 TOM DOES NOT MAKE MONEY OFF HIS CLIENTS PRECIOUS METALS STORAGE<\/strong>.\u00a0 The overwhelming majority of precious metals dealers add an additional percentage to store their clients gold and silver.<\/p>\n

I challenge you to check for yourself.<\/p>\n

Tom Cloud has been in the precious metals business for 46 years, since 1973.\u00a0 He has a lot of experience in the precious metals industry and understands the gold and silver market better than most dealers in the industry.<\/p>\n

If you are new to the precious metals market and had questions, Tom Cloud would be happy to answer any questions.<\/p>\n

DISCLAIMER:<\/strong>\u00a0 While Tom offers information about precious metals, you should not take this as investment advice.\u00a0 You should contact a professional advisor and or do your due diligence before making investment decisions.\u00a0\u00a0<\/em><\/p>\n

If you are new to the SRSrocco Report, please consider subscribing to my:\u00a0<\/strong><\/span> SRSrocco Report Youtube Channel<\/strong><\/a>.<\/p>\n