{"id":24204,"date":"2020-10-21T08:21:19","date_gmt":"2020-10-21T14:21:19","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=24204"},"modified":"2021-09-17T11:19:13","modified_gmt":"2021-09-17T21:19:13","slug":"u-s-mint-silver-eagle-sales-forecasted-to-triple-this-quarter","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/u-s-mint-silver-eagle-sales-forecasted-to-triple-this-quarter\/","title":{"rendered":"U.S. Mint Silver Eagle Sales Forecasted To Triple This Quarter"},"content":{"rendered":"<p>With the continued uncertainty in the markets and financial system, the U.S. Mint Silver Eagle sales for the last quarter of 2020 are forecasted to triple compared to the same period last year.\u00a0 Already, sales of Silver Eagles so far in October have surpassed the total during the entire fourth quarter of 2019&#8230; three months!<\/p>\n<p><span style=\"color: #800000;\"><strong>The U.S. Mint just updated its sale figures on Monday to show the total for October was 2,460,000 compared to only 1,110,500 during October 2019.<\/strong><\/span>\u00a0 And, we still have another week and a half remaining in the month.\u00a0 Total Silver Eagle sales for Oct-Dec 2019 were 1,573,000.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24205\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-20-vs-OCT-DEC-2019.png\" alt=\"\" width=\"650\" height=\"433\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-20-vs-OCT-DEC-2019.png 864w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-20-vs-OCT-DEC-2019-300x200.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-20-vs-OCT-DEC-2019-768x512.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p>I believe Silver Eagle sales for October may reach 3 million, or double the same month last year.\u00a0<span style=\"color: #800000;\"><strong> However, assuming another 3 million being sold in November and December would put the total for the last quarter at approximately 6 million Silver Eagles.<\/strong><\/span>\u00a0 December isn&#8217;t such a hot month for Silver Eagle sales as the U.S. Mint curtails production to set up for the new 2021 coins.\u00a0 But, if we see some crazy things happening in the market if the Presidential Election turns out to be a mess, we could see significant sales in December.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24206\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-DEC-2020-Forecast-vs-OCT-DEC-2019.png\" alt=\"\" width=\"650\" height=\"433\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-DEC-2020-Forecast-vs-OCT-DEC-2019.png 864w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-DEC-2020-Forecast-vs-OCT-DEC-2019-300x200.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/Silver-Eagle-Sales-OCT-DEC-2020-Forecast-vs-OCT-DEC-2019-768x512.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p>So, my forecast would be approximately 3 million Silver Eagles sold during October, 2 million in November, and 1 million in December.\u00a0 Total sales for the quarter could be higher, especially if there is increased uncertainty and volatility in the markets.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/srsroccoreport.com\/first-time-ever-in-the-silver-market-something-i-have-been-forecasting-for-several-years\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24209\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/FIRST-TIME-EVER-IN-SILVER-POST.png\" alt=\"\" width=\"600\" height=\"244\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/FIRST-TIME-EVER-IN-SILVER-POST.png 1082w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/FIRST-TIME-EVER-IN-SILVER-POST-300x122.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/FIRST-TIME-EVER-IN-SILVER-POST-1024x416.png 1024w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/10\/FIRST-TIME-EVER-IN-SILVER-POST-768x312.png 768w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>The situation in the Silver Market is changing rapidly.\u00a0 Regular investors have moved into silver more than ever this year.\u00a0<span style=\"color: #800000;\"><strong> If the world experiences another massive amount of silver investment demand next year as we have had this year, the silver price could reach its All-Time High of $50.<\/strong><\/span><\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : evt,\n\t\t\t\t\t\tcallback: cb\n\t\t\t\t\t}\n\t\t\t\t);\n\t\t\t}\n\t\t}\n\t}\n})();\n<\/script><!-- Mailchimp for WordPress v4.12.1 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><form id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5 mc4wp-form-theme mc4wp-form-theme-red\" method=\"post\" data-id=\"5\" data-name=\"Posts &amp; Updates\" ><div class=\"mc4wp-form-fields\"><div class=\"mcform\">\r\n  <div class=\"mcform-text\">\r\n    Enter your email address to receive updates each time we publish new content.\r\n  <\/div>\r\n  <div class=\"mcform-email-address\">\r\n  \t<input type=\"email\" id=\"mcform-input-email\" name=\"EMAIL\" placeholder=\"Your email here\" required \/>\r\n  <\/div>\r\n  <div>\r\n\t<input 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