Gold Coin Sales Up in 2016. Buy or Sell?


Attached is the chart of American Eagle Bullion Sales for this year.  Interestly, 985000 ounces of Gold Eagles were sold while over 37 million Silver Eagles were sold.  Silver eagle demand has apparently been very strong this year.  And only 20 thousand ounces of  platinum were sold!  Clearly the rarest coins of the year in the American Eagle series.

DATA Credit:  http://usmint.gov

AMERICAN EAGLE GOLD, SILVER, AND PLATINUM BULLION SALES – BY MONTH
TOTAL
817,500817,50037,00074,00038,000152,00092,500925,000985,0001,968,500
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37,701,50037,701,500
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20,00020,000
CALENDAR YEAR – 2016
GOLD TOTALS
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SILVER TOTALS
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PLATINUM TOTALS
MONTH
ONE
OUNCE
HALF
OUNCE
QUARTER
OUNCE
TENTH
OUNCE
TOTAL
GOLD SALES
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SILVER
(ONE OUNCE)
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PLATINUM
(ONE OUNCE)
Ounces Sold
# of Coins Sold
Ounces
Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
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Ounces Sold
# of Coins Sold
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Ounces Sold
# of Coins
Sold
——————————————————————————————————
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——————————-
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———————
JANUARY89,00089,00011,50023,0009,00036,00014,500145,000124,000293,000
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5,954,5005,954,500
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00
FEBRUARY67,50067,5003,0006,0003,00012,00010,000100,00083,500185,500
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4,782,0004,782,000
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00
MARCH29,00029,0005001,0001,0004,0007,50075,00038,000109,000
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4,106,0004,106,000
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00
APRIL93,50093,5003,0006,0003,50014,0005,50055,000105,500168,500
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4,072,0004,072,000
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00
MAY64,50064,5003,5007,0002,50010,0006,00060,00076,500141,500
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4,498,5004,498,500
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00
JUNE62,50062,5001,5003,0002,50010,0007,00070,00073,500145,500
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2,837,5002,837,500
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00
JULY30,00030,0001,0002,0002,50010,0005,00050,00038,50092,000
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1,370,0001,370,000
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19,00019,000
AUGUST50,00050,0001,5003,0001,0004,0006,00060,00058,500117,000
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1,280,0001,280,000
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1,0001,000
SEPTEMBER79,00079,0002,5005,0004,00016,0009,00090,00094,500190,000
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1,675,0001,675,000
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00
OCTOBER100,500100,5004,0008,0004,00016,0007,50075,000116,000199,500
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3,825,0003,825,000
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00
NOVEMBER129,000129,0003,5007,0004,50018,00010,500105,000147,500259,000
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3,061,0003,061,000
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00
DECEMBER23,00023,0001,5003,0005002,0004,00040,00029,00068,000
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240,000240,000
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00
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