by Steve St. Angelo
As the Fed and central banks continue to prop up the global economy with massive monetary stimulus, investors are just beginning to move into the precious metals to protect wealth. In the first seven months of the year, investors have already purchased three times the Gold Eagles that were sold during full-year 2019.
According to the data from the U.S. Mint, total Gold Eagle sales (in troy ounces) were 152,000 last year versus 456,000 as of July 23rd, 2020. Amazingly, that is exactly three times the 2019 sales figure: