Several people asked me to comment on why silver lease rates are so high and what that means for silver going forward. We recently saw a spike in lease rates as viewed in the charts below. The lease rates were also discussed in the following article by Paul Franke. https://seekingalpha.com/article/4661025-silver-is-now-a-strong-buy-highest-lease-rates-since-2008?utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated What and why this is […]
Tom Luongo delves into the Ukrainian political situation and the dubious circumstances surrounding the FTX crypto exchange, noting the prevalent Ponzi schemes in today’s financial system, while Bob Coleman provides insights into the precious metals markets and practical advice for prudent metal investments.
Over the past year, metal consumers have faced inflated prices and secondary supply risks, yet as silver edges past the thirty mark, prices could accelerate swiftly, already seen in the thousand-ounce bar market, amidst logistical challenges and sourcing issues impacting sovereign coin markets.