What a crazy and volatile day in the precious metals market, especially silver. Demand for physical silver bullion products surged this weekend and continue to wipe out dealer inventories on Monday. At one point, premiums for Silver Eagles were $14-$15, a staggering 50% above the spot price…
Many of the precious metals wonder if something BIG is getting ready to happen in the Silver Market. And, they should be. Due to the WallStreetBets massive “Silver Short-Campaign,” last week, not only did the iShares SLV ETF see its inventories increase by 34 million oz on Friday, all the major online dealers…
The U.S. imported quite a bit of gold this year, but you should see how much silver. As the precious metals prices surged in 2020, we saw a huge inflow of metal into the United States. Not only were investors buying a lot of physical precious metals, but there was also a great deal of demand for the ETFs…
This is an important update for Silver & Gold Members. I wanted to share some new information about the markets, energy, precious metals, and our new Trade Alert System. Also, I spoke with precious metals dealer Tom Cloud this morning, and he says that the gold and silver retail market situation…
Something BIG just happened in the U.S. Mint Gold Eagle Market this month. Not only have Gold Eagle sales in the first three weeks of January surpassed last year’s total by a factor of three, but it’s also the highest figure since the 2008-2009 Financial Crisis. While Silver Eagle sales have been the…
When a Bubble gets bigger and bigger, the wall of the bubble becomes thinner and thinner. At some point, the bubble finally pops, and all the fun is over. The broader markets today represent that bubble. However, the investors that are making the bubble larger and weaker don’t realize they…