The metal consumer has been in a buyer beware position for the last year. Products were marked up in many cases and investors overpaid for metals. When prices finally do move higher we will see some secondary supply come back into the market. That supply will hamper premiums and will impact prices. Silver tends to always catch someone off guard and once we get past thirty prices could move fairly quickly. The typical western investor tends to buy when prices are heading upwards. In the last couple of weeks, we’ve seen a small price increase in the thousand-ounce bar market. Some of which could just be logistics issues due to holidays. Many of the sovereign coin markets including European mints have had problems sourcing supply and prices are moving higher.
Economy
Geopolitics & Europe, Fed Policy, Custodial Risk, Metals Physical Vs. Digital
Tom Luongo delves into the Ukrainian political situation and the dubious circumstances surrounding the FTX
