Ten year spiking…
Currently over 1.5%. Powell not answering questions on long term bond yields.
Expect a blow off in yields. Gold and silver could really get massacred.
Currently over 1.5%. Powell not answering questions on long term bond yields.
Expect a blow off in yields. Gold and silver could really get massacred.
Gold and silver could really get massacred.” But not the premiums charged by the coin dealers.
Parking lot at LCS has been full for past month straight, 15-30 minute wait throughout the day, bought a couple GE’s this morning. Low price on bulk (500+oz) 100oz silver bars is still holding at $30.15 or so. Dealer rep anecdote – US mints not making buffalos at the moment, just eagles. The only coins I get anymore are 2021, prior year coins appear to be mostly off the market. Local secondary market is asking for MORE than the LCS. Last couple people I talked to who are responding to my ads are just now entering the silver space, buying just a tube or two and inspecting each coin like they’ve never seen one before, LOL. Another observation (not burned personally but heard more than a couple recent stories) – don’t buy chinese silver. They even fake the cheap (1 oz bar) stuff…. as Fully would say …. SHEESH !