GOLD METAL INVESTMENT

http://www.silverdoctors.com/u-s-mint-racks-up-another-400000-silver-eagle-sales-over-the-weekend/

Submitted by SD Contributor SRSrocco:
The US Mint’s frantic silver sales pace continued over the weekend, as the Mint reported 430,000 ounces of silver sales over the weekend on Monday.  Perhaps more importantly, the US Mint Silver eagle to US Gold eagle sales ratio continues to exceed 50 to 1, a pace that is simply unsustainable with a current mine ratio of 9 to 1.

Friday was the last day the U.S. Mint updated its figures.  At last count there were 2,014,000 Silver Eagle sales for October.  They just released the new total:
OCT = 2,449,000 Silver Eagles

2012 Silver Sales Totals
(in ounces / number of coins)

Month	One ( oz. / #coins )
January	6,107,000 6,107,000
February	1,490,000 1,490,000
March	2,542,000 2,542,000
April	1,520,000 1,520,000
May	2,875,000 2,875,000
June	2,858,000 2,858,000
July	2,278,000 2,278,000
August	2,870,000 2,870,000
September	3,255,000 3,255,000
October	2,449,000 2,449,000
Total	28,244,000 28,244,000

I would imagine if we keep up this pace we will see a total of 33-35 million Silver Eagle Sales for 2012.  Even though this may be lower than 2011… if the price of silver runs over $50 an ounce within the next 6 months, the U.S. Mint may not be able to keep up with demand.
3 THINGS I LOOK FORWARD TO:
1) price of silver north of $50…. (for starters)
2) The U.S. Mint unable to keep up with future massive silver investment demand
3) the article I plan on writing about LOUSY PRECIOUS METAL ANALYSTS (Nadler, Schmidt & Christian) when the top 2 things occur.
*Update by The Doc:
US Mint silver eagle sales continues to run at nearly a 55 to 1 clip to US Gold eagle sales at 2.5 million ounces of silver vs. 43,500 oz of gold:

2012 Gold Sales Totals
(in ounces / number of coins)

Month	One ( oz. / #coins )	Half ( oz. / #coins )	Quarter ( oz. / #coins )	Tenth ( oz. / #coins )	Total ( oz. / #coins )
January	84,500 84,500	24,500 49,000	9,500 38,000	8,500 85,000	127,000 256,500
February	20,000 20,000	0 0	500 2,000	500 5,000	21,000 27,000
March	57,500 57,500	1,000 2,000	0 0	4,000 40,000	62,500 99,500
April	19,000 19,000	0 0	500 2,000	500 5,000	20,000 26,000
May	49,000 49,000	1,500 3,000	1,000 4,000	1,500 15,000	53,000 71,000
June	55,000 55,000	1,000 2,000	1,500 6,000	2,500 25,000	60,000 88,000
July	28,500 28,500	0 0	500 2,000	1,500 15,000	30,500 45,500
August	34,000 34,000	1,500 3,000	1,000 4,000	2,500 25,000	39,000 66,000
September	63,000 63,000	1,000 2,000	1,000 4,000	3,500 35,000	68,500 104,000
October	41,500 41,500	0 0	500 2,000	1,500 15,000	43,500 58,500
Total	452,000 452,000	30,500 61,000	16,000 64,000	26,500 265,000	525,000 842,000

SD Bullion customers are not surprisingly even more silver focused, with SD Bullion silver to gold sales ratios currently near 200 to 1!