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Us Mint Sold 74 Times More Silver Than Gold In August For 2nd Consecutive Month!
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
silverdoctors.com / By The Doc / September 7, 2012
The US Mint sold nearly 75 times more Silver Eagles than Gold Eagles in August, for the 2nd consecutive month!
The Mint sold 74.6 times the amount of silver than gold in July, and 73.5 times the amount of silver than gold in August.
Physical silver sales simply cannot continue to be 75 times gold sales when the natural in-ground mining ratio is now 8-1 (2011 world average).
If these sales trends continue (and we are currently seeing even more extreme silver/gold sales ratios at SD Bullion), eventually the free market supply and demand fundamentals will see silver EXPLODE IN VALUE RELATIVE TO GOLD.
Thanks to BrotherJohnF
2012-09-07 16:29:51
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