With the Federal Reserve announcing this morning that it will start buying Junk Bonds and Junk ETFs, along with its monthly asset purchases of U.S. Treasuries and Mortgage-Backed Securities, the demand for gold and silver bullion will only increase. Thus, get ready for shortages of available precious metals products to…
Investors continue to purchase a record amount of Silver Eagles. The premiums on Silver Eagles are ranging between $6.50-$10.00+, depending on the precious metals dealer. With Silver Eagle premiums ranging at these levels, investors must make sure they find the best deals. Today, the silver price shot up over $15.00,…
With the U.S. Mint now temporarily suspended, it will become even more difficult to acquire Silver Eagles. According to James Anderson at SD Bullion, the U.S. Mint shut down its West Point Facility due to an officer testing positive for the virus. The U.S. Mint West Point facility will remain…
While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they…
The precious metals market continues to experience unprecedented demand for silver bullion products. Even with the Fed increasing its liquidity injections by providing “Open-ended” QE to infinity, the Dow Jones Index today is still selling off considerably…. down 900+ points. There is no way the Fed and central banks can…
I was finally able to spend some time today talking with precious metals dealer, Tom Cloud this morning. Tom Cloud, like all precious metals dealers, has been busier this past week than in the last 30-40 years. The response I’ve seen by many of these dealers, they haven’t seen anything…
In Tom Cloud’s newest precious metals update, he discusses how the ongoing global contagion and supply chain disruptions won’t be something that will be resolved quickly. I agree. I believe this is by the far the most miss-diagnosed problem that the market, investors, and individuals fail to realize. Once the…
