With the continued uncertainty in the markets and financial system, the U.S. Mint Silver Eagle sales for the last quarter of 2020 are forecasted to triple compared to the same period last year. Already, sales of Silver Eagles so far in October have surpassed the total during the entire fourth quarter of 2019… three months! The U.S. Mint just updated its sale figures on Monday to show the total for October was 2,460,000 compared to only 1,110,500 during October 2019. And, we still have another week and a half remaining in the month. Total Silver Eagle sales for Oct-Dec 2019 were 1,573,000.

The acceleration of deficits and debts will further speed up money creation on a global scale, never seen before in history. This will lead to a total debasement of all currencies as they decline to their intrinsic value of ZERO. They are already down 97-99% in real terms since 1971 which means measured in gold. The death of the dollar and most major currencies is likely to take place in the next 2-5 years as governments print unlimited amounts. Gold is the king of the metals and is the only money which has survived in history. But the crown prince of the precious metals is silver and in the next few years, silver is likely to have the most spectacular surge.

https://www.youtube.com/watch?v=AqCN0xJs1_4

https://www.youtube.com/watch?v=4Bi1YqDw5bo

Many years of loose and unconventional monetary policy have severely damaged financial markets and the global economy. Currently, central banks find themselves cornered, as the financial system is drowning in debt and addicted to ever easier money. Gold, however, provides multiple solutions.