{"id":29790,"date":"2021-10-18T15:21:47","date_gmt":"2021-10-19T01:21:47","guid":{"rendered":"https:\/\/srsroccoreport.com\/public\/?p=29790"},"modified":"2021-10-18T15:21:47","modified_gmt":"2021-10-19T01:21:47","slug":"smart-investors-buy-bullion-when-its-available-gold-eagle-sales-soar-again-this-week","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/smart-investors-buy-bullion-when-its-available-gold-eagle-sales-soar-again-this-week\/","title":{"rendered":"SMART INVESTORS BUY BULLION WHEN IT’S AVAILABLE: Gold Eagle Sales Soar Again This Week"},"content":{"rendered":"

As the world gets closer to major economic disruptions as it hits the ENERGY CLIFF, smart investors continue to buy physical gold bullion when supplies are still readily available.\u00a0 However, this won’t always be the case when more investors realize the energy shortages and massive price spikes will destabilize the financial markets and paper assets.<\/p>\n

As I sit here and watch this ENERGY CLIFF unfold, 99.9% of the world has no idea of the gravity of the situation<\/strong><\/span>.\u00a0 Thus, even though the U.S. Mint Gold Eagle sales continue to soar higher, this is demand from just a fraction of investors.\u00a0 This is very similar to what I said in my interviews, Europe was treating natural gas last year as if it was going to be CHEAP & ABUNDANT forever.\u00a0 Now, Europe is facing natural gas shortages and price spikes, not seen in decades.<\/p>\n

So, what the hell happens when the ENERGY CLIFF begins to destroy the very U.S. Dollar and currencies used for the trade of goods and services?\u00a0 Let me tell you, that is not so far-fetched when we realize the U.S. Dollar is nothing more than a fiat currency back by Energy and a massive amount of debt.\u00a0 Thus, when both Energy & Debt get into serious trouble… try telling the grocer that your money is tied up in your now worthless 401K and see how much Meat & Potatoes they will give you.<\/p>\n

Folks… this is serious.\u00a0 While the world isn’t falling into HELL & A HANDBASKET currently, as time goes by, it just gets worse.\u00a0 Unfortunately, very few Americans and investors worldwide have much in the way of GOLD & SILVER INSURANCE.\u00a0 Rather, they continue to be in STOCKS, MORE STOCKS, EVEN MORE STOCKS, BONDS, and CASH.<\/strong><\/span>\u00a0 Those are not real stores of wealth or money.\u00a0 Regrettably, more and more Americans are going to find that out the hard way.<\/p>\n

With the most recent update by the U.S. Mint, another 23,500 Gold Eagle oz were sold since the last reporting figures were released.\u00a0 As of October 18th, a total of 119,500 Gold Eagle oz have been sold compared to only 75,000 oz last month.\u00a0 That’s a stunning 60% more sold already in October, and there are still two weeks remaining.<\/strong><\/span><\/p>\n

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Even though 119,500 oz of Gold Eagles is a pretty BIG NUMBER, if we multiply it by $1,880 (estimate retail price), that is only $224 million.\u00a0 The current value of the total U.S. Stock Market is $48.5 trillion.\u00a0 And then if we add the $46 trillion of in the U.S. Bond Market, we are talking about a lot of PAPER CHEESE.<\/p>\n

Can you imagine if this $224 million number doubled to nearly $500 million?\u00a0 That would double the Gold Eagles to almost 250,000 oz… in a bit more than TWO WEEKS??\u00a0 There is no way the U.S. Mint could keep up with selling 500,000 oz of Gold Eagles a month when the most it has sold in a year was 2 million in 1999 due to Y2K.<\/strong><\/span>\u00a0 If the U.S. Mint sold 500,000 oz per month, that would be 6 million a year.\u00a0 The U.S. Mint just doesn’t have the ability to increase production that much.<\/p>\n

So… as the world is sitting on the RAZOR’S EDGE waiting for the next shoe to drop with its EGGS all in the STOCK-BOND-REAL ESTATE BASKET, smart investors continue to buy physical gold and silver.<\/p>\n

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With this large surge in Gold Eagles sales this month, it has pushed the total to 1,042,000 oz, the highest since 2009, when the U.S. Mint sold 1,435,000 oz.\u00a0 I’d imagine Gold Eagle sales will likely reach 1.15-1.2 million for 2021, and the market isn’t really concerned about all that much.\u00a0 What happens when the FAN really hits the SHYTE in the next few years?<\/strong><\/span><\/p>\n