Sunday , 3 December 2023

Gold Coin Sales DOWN Drastically in 1st Qtr. of 2014 – What Gives? (+2K Views)

The world is heading down the toilet yet demand in the official gold coin market is DOWN drastically. Canadian 100kggoldcoinGold Maple Leaf coin sales were DOWN 35% – yes, 35% – in the first quarter of 2014 compared to the same period a year ago and American Gold Eagle coin sales were DOWN a staggering 51% – yes, 51% – year over year! What gives?

The above are edited excerpts from an article* by Steve St. Angelo ( entitled First Quarter Canadian Maple Leaf Sales Up A Hefty 24%.

The following article is presented by Lorimer Wilson, editor of (Your Key to Making Money!) and the FREE Market Intelligence Report newsletter (sample here) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.

St. Angelo goes on to say in further edited excerpts:

Why Gold Coin Sales Are DOWN 

The reason for the decrease in Official Gold coins sales has everything to do with the Fed and Central Banks continued manipulation of the financial and precious metal markets and, by destroying the paper price, they killed retail investment demand..

The public has this notion that everything is fine once again in the financial markets and institutions but, unfortunately, the opposite is the case. The Fed now has to resort to propping up the U.S. Treasury Market by covertly buying its own bonds through foreign intermediaries.  If there isn’t enough demand, well by gosh, the FED can print money… send it to a foreign Central Bank and force them to by the paper garbage…

The U.S. Dollar and economic system continues to disintegrate behind the scenes as the majority of Americans remain oblivious.  Even worse, it seems as if the precious metal investors are becoming bearish believing in the nonsense coming from MSM…[and the likes of] Dennis Gartman who says that “Gold is breaking down — it looks horrible“…

The world is heading down the toilet and I am simply amazed at the lack of demand in the official gold coin market. I believe Jim Rickards is correct when he says the gold (and silver) price manipulation will end one day OUT OF THE BLUE.  There will be no warning and, of course, it will be too late to purchase gold or silver.

Silver Coin Sales

While Silver Eagles sales in Q1 declined slightly year-over-year, due to a backup at the U.S. Mint, Canadian Maple Leaf sales reported a 24% increase….

Canadian Maple Leaf Sales Q1 2014

Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

* (© 2014 SRSrocco Report. All rights reserved)

Related Articles:

1. There’s a New “Silver Sheriff” in Town & He’s NOT American!

There’s a new Silver Sheriff in town, and it happens to be located north of the U.S. border. While [American] Silver Eagle sales and growth were impressive in 2013, [Canadian] Silver Maple Leaf sales outgunned the competition by a wide margin. [By how much? Take a look.] Read More »

2. Eagles, Buffaloes & Maple Leafs: Gold Bullion Coins of U.S. & Canada

I think we all would agree that owning a 10 kg bar of gold would be nice but that it is probably out of the question at the current cost of over $500,000! I had the pleasure of caressing such a bar recently and being surprised at just how heavy (22.045855 lbs.) it was for such a small object. Below I describe the gold coins of Canada and the United States. Words: 870 Read More »

3. Beware The Dangers In Buying Certain Gold Coins – Here’s Why

At first glance, buying gold may seem a simple, straight forward process. However, there are dangers, such as falling for a telemarketer’s line that his coins are “non-confiscatable” and somehow have more value because you bought them from him. Basic bullion is the way to go when investing in gold. Words: 788 Read More »

4. The Pros & Cons of Buying Gold Bars vs. Ingots vs. Coins

It is during difficult times [such as these when] quantitative easing and currency wars have highlighted the volatility and vulnerability of currencies…that the true, safe value of gold really stands out. It is now easier for you to convert your savings into gold than ever before and this article outlines the reason for buying physical gold and the advantages and disadvantages of buying gold bars, ingots and/or coins. Read on! Words: 853 Read More »

5. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?

You have no doubt read countless articles on the price of gold costing “x dollars per ounce”, own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain. Words: 1102 Read More »

6. 75th Birthday of Superman Celebrated With New Line of Collector Coins – Take a Look!

Happy Birthday Superman! In honour of the 75th anniversary of the ultimate super hero, the Royal Canadian Mint has unveiled a brand new line of collector coins. Here’s a look at the latest designs as well as nine other memorable creations produced by the Mint. Read More »

7. A Look At Canada’s Unique, Beautiful & Costly Coins

In celebration of Canada’s 146th birthday we take a look at some of Canada’s extraordinary – and rather costly – coins. Read More »

8. Americans – Your Pocket Change Might Contain Coins Worth Thousands of Dollars! Here Are the Top 10 to Look Out For

There are a number of U.S. error coins and die varieties in circulation today worth from $30 to $35,000 because they have small distinguishing characteristics that make them rare and valuable. This article will tell you which of your pocket change coins might be worth a large premium over face value, and why. Words: 1076 Read More »

9. Here’s a Dirty Little Secret About Cleaning Bullion Coins

Improper cleaning results in the loss of a small amount of metal from the surface of the coin. Repeated cleaning can actually lower the grade of a coin by removing too much metal. To learn the answer as to what is the best way to go about storing and cleaning your gold and silver coins read on. Words: 417 Read More »

10. Attention Brits: Here’s How & Where to Buy Gold Bullion Bars and Coins

We have compiled a directory below of leading gold brokers where you can buy gold bullion, coins and bars online, over the phone or even in branch. Words: 400 Read More »