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Message: OT: Gold's outlook for 2013

US MINT SELLS 57,000 OUNCES OF GOLD FIRST 2 DAYS OF 2013!

The US Mint has updated their gold eagle sales totals, and the Mint has reportedly sold an astonishing 57,000 ounces of gold in the first 2 business days of January- nearly half the total of all of January 2012!

2013 Gold Sales Totals
(in ounces / number of coins) MonthOne
( oz. / #coins)Half
( oz. / #coins)Quarter
( oz. / #coins)Tenth
( oz. / #coins)Total
( oz. / #coins)
January 44,500
44,500
4,500
9,000
3,000
12,000
5,000
50,000
57,000
115,500
Total 44,500
44,500
4,500
9,000
3,000
12,000
5,000
50,000
57,000
115,500

To put this number in perspective, the mint sold 127,000 ounces of gold in the entire month of January, 2012!

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


The Mint has yet to update Silver Eagle sales totals as they stated they will not begin selling them until Jan 7th, but we expect the Mint’s silver eagle sales totals too be off the charts as well- particularly as production has been stopped for over 3 weeks.

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