Comment: 14,223,000 Silver eagles sold so far in 2013

(See in situ)


14,223,000 Silver eagles sold so far in 2013

vs 242,000 gold eagles

At $32 an ounce of silver the 14.2 million silver eagles sold so far this year = $455,000,000

at $1650 an ounce of gold the 242K gold eagle sold=$399,000,000

The dollar amounts are similar but the to satisfy the silver demand for coins requires 58X more silver!

There is only 7x more silver available than gold

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