Something quite extraordinary took place in the gold market in the second quarter. While it’s true that the global contagion negatively impacted the economies throughout the world, what occurred in the gold market hasn’t happened before. In the following charts, we can see how gold emerged as the classic “SAFE HAVEN”…
How silver trades over the next week will set a significant trend for the next month. A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30. Since silver reached $30 a few weeks ago, it has been consolidating,…
It seems as if what I have been warning about for years may be beginning to take place in the precious metals market. Due to the massive Fed and central bank monetary stimulus and liquidity, investors are now deeply concerned about the financial system and value of global currencies…
With Silver Eagle premiums still ranging from $9-$10 per coin, why is the U.S. Mint still selling so many of them?? Good question. Many investors have switched to Silver Maples, Krugerrands, Philharmonics, and Britannias due to premiums that are less than half of the 2020 Silver Eagles. As I mentioned…
With Silver Eagle demand continuing to be RED HOT, the U.S. Mint sold another million of the coins yesterday. This is the biggest one-day sales increase in six months. It seems as if the U.S. Mint is now able to ramp up production of both Gold and Silver Eagles…
After months of the U.S. Mint dealing with supply issues, shutdowns, and new employee policies dealing with the global contagion, sales of Silver Eagles finally jumped in August. Due to the U.S. Mint implementing new employee safety guidelines at the mint, they are only producing either Gold or Silver Eagles…