The current ask price for a 1 oz. Silver Eagle coin includes a premium of 67%. Even on the bid side, the premium is 57%. The bid-ask spread of 10% is the widest of any common silver product.
Silver bottomed before Gold and the gold stocks and has led the rebound. Silver should continue to consolidate, but if it can make a weekly or monthly close above $22, it could signal more upside...
We discuss how FTX quickly went into crisis after the price of its own cryptocurrency fell apart, the Fed pushing for CBDC, regulation coming to Crypto, and more.
It was certainly a volatile year in terms of the COMEX spot price, which was well over $26 in March when Russia invaded Ukraine, but dropped below $18 per ounce as a result of paper market selling as the Federal Reserve began its rate hiking policy.
Central banks buying massive amounts of gold. We talk bout the BRICs nations, China testing the mBridge digital currency as an alternative to the SWIFT system, COMEX and..
Mario Innecco, from the maneco64 YouTube channel, comes back to the show to discuss a possible run on the Gold Market as central banks worldwide approach insolvency. Furthermore, we discuss the ongoing housing market collapse, inflation, and more.
Brent Cook joins us today to discuss which commodities have the most significant supply deficit in the upcoming years. Furthermore, we talk about what mining companies he is paying attention to.
In summary and stating again: the total LBMA and COMEX silver supply is not yet at a crisis stage. Metal can be mined, refined, and shipped in large enough quantities to forestall any immediate crisis. But...
Chris Marcus from the YouTube channel Arcadia Economics returns to the show to discuss the Fed's fourth consecutive rate hike of its size to 75 basis points and what this could mean for the Precious Metals Markets. Furthermore, we talk about the Dollar index chart, Comex silver registered, and more.
