An interesting dynamic is taking place in the precious metals bullion market. While the premiums for Gold Eagles have fallen back to near-normal levels since the global pandemic hit during mid-March, Silver Eagle premiums are still close to their highs. According to GoldChartsRUs.com, using Monex’s prices for Gold and Silver…
Now that the silver price has broken through the important $18.50 level, will it reach $21 during this current rally? Silver was up 70 cents for the day (Monday). However, after Dallas, Fed President Kaplan announced today that the “Emergency Facilities” used to support the economy might be pulled back,…
In the newest precious metals update, Tom Cloud discusses the platinum market, U.S. Dollar troubles, and is your money safe in banks. Tom says that more individuals and companies are moving some of their cash out of banks and into physical metals than he as ever seen before. Americans are…
Silver Eagle premiums have fallen from the highs over the past 4-6 weeks. However, 2020 Silver Eagle premiums from the leading online dealers are still averaging nearly $8 per coin. Thus, precious metals investors are still paying an average 45% premium over spot for the U.S. Mint 2020 Silver Eagles….
Premiums for silver bullion products have declined over the past two weeks but are still quite high for American Silver Eagle coins. The average 2020 Silver Eagle premiums from the leading online dealers have fallen from over $10 per coin and are now in the $8 range. I have kept…
Today, the silver price broke through a critical level held for nearly four years. With silver now firmly above the important $18.50 level, the next target is $21. If silver can break above the September 2019 high of $19.75 quickly, there’s a good chance it would reach $21 in June….
With the U.S. heading into an economic depression, it will likely motivate more investors to protect their wealth in precious metals. Thus, we could experience a U.S. economic depression and, at the same time, a bull market in gold and silver. Interestingly, over the past two months, the major U.S….
