SILVER: The King of Future Investment Gains
By Steve St. Angelo
Friday, 26 July 2013
While owning precious metals will be a very wise store of wealth and investment in the future, silver will actually turn out to be the “King of Investment Gains.” A good barometer of the retail gold and silver market is shown by the eagle sales at the U.S. Mint.
In the first three months of the year, investors were purchasing silver eagles at an average ratio of 48 to 1 to gold eagles. However, after the huge April 12th precious metals take-down, investors overwhelming purchased a great deal more gold eagles in percentage terms that month as the price of the yellow metal fell $200 in two days.