Silver Eagle Sales Explode During First Two Weeks In January

The Federal Reserve does not want to force Treasury Rates negative, so getting its Digital Dollar Policy passed by the Congress and Senate will likely be its primary focus. Thus, if the Fed and ECB (European Central Bank) get Digital Currencies, it could be bad news for Bitcoin and Cryptocurrencies.

We put out a new ULTIMATE CRYPTO REPORT on discussing many issues that tend to be overlooked by crypto investors.

My associate, the Tactical Trader, and I agree that Bitcoin will likely continue to experience a lower correction that could wipe out a lot of gains from investors who got in late.  With Bitcoin and Ethereum seeing a 24-hour trading action of -20% and -25%, respectively, these will never become alternative currencies. They are way too volatile for wide acceptance as an alternative currency.

Getting back to the precious metals, the U.S. Mint also sold 81,000 oz of Gold Eagles in the first two weeks of the month versus 60,000 oz for the entire month last year.

So far, during the first half of the month, the U.S. Mint has sold 57 times more Silver Eagles than Gold Eagles. Mark my words, Silver Eagle investors are going to be happily rewarded in the future as the value of silver increases more in percentage terms than gold as the world being to head over the ENERGY CLIFF.

Also, if you have not yet seen my IMPORTANT VIDEO UPDATE on JAN 9th, I highly recommend it. If people think Tesla and Bitcoin stocks prices are signifying a NEW HIGH-TECH WORLD, they will be sadly mistaken.  Tesla, Bitcoin, and the broader market indexes are all in MAJOR BUBBLES. While bubbles can go on longer, they all POP.

This is why it’s extremely wise to invest in physical precious metals as they will be one of the best stores of value while most assets (STOCKS, BONDS, & REAL ESTATE) decline during the coming Depression that never ends.

1 2
View single page >> |

Disclosure: SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and investing. Neither SRSrocco Report nor any of its owners, officers, directors, ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.