Financial Time Bombs Push Gold Eagles Sales To Record High
SilverDoctors.com
July 28, 2015
Investors worried about the coming explosions in the financial system purchased record numbers of Gold Eagles in July. Not only are July sales of Gold Eagles the highest in 2015, they surpassed all monthly totals for the past two years…. and we still have another week remaining.
From the SRSRocco Report:
The reason for the big surge in the U.S. Mint’s Gold Eagle sales is due to the increasing number of financial time bombs that are now set to go off in the future. Financial contagion stemming from a Greek default and possible exit from the European Union triggered increased buying of Gold Eagles in June.
Sales of Gold Eagles were a measly 21,500 oz in May. However, this picked up significantly towards the latter part of June as the financial situation in Greece became more dire. Gold Eagle sales in June jumped more than three times the rate compared to the prior month reaching 76,000 oz. But, this was just a warm-up for the further spike in demand in July.
The Rest…HERE
