Metals Market Update
- Posted: January 14, 2022Categories: Metals Market UpdateRead more »
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- Posted: February 05, 2021Read more »
Over the weekend of January 31st, the silver bullion market caught fire. In this Silver Market Update you'll find the “reddit crowd”, the same folks that fueled the Gamestop stock frenzy shifted their attention to the silver bullion market. They went after the ETF for silver (SLV), and silver mining stocks. As a result, the price of silver jumped 8% on Monday and many silver stocks surged as much as 40% in a day. Then, as quickly as it started, the price of silver subsided Monday evening into Tuesday. This was a direct result of the futures market raising margin requirements on silver contracts
- Posted: January 18, 2021Categories: Metals Market UpdateRead more »
January 18th, 2021
We are posting this Important Metals Market Update to keep you in the loop. Gold and silver bullion we handle are taking longer and longer to acquire. In addition, there is not enough supply to meet demand. In other words, we need to tell you the truth. Something strange is happening within the gold and silver markets.
In recent weeks American Eagles and Canadian Maple Leafs have become quite scarce. Gold and silver bullion delays are building across the industry. Once readily popular bullion items are now taking 2-4 weeks, and sometimes