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When Are They Going To Drop That Dopey/High/Dollar?

Posted by Mr.Copper @ 13:40 on July 8, 2022  

Maybe we should be happy USD has a lot of purchasing power, if someone wanted to buy some physical AU AG coins. But I just checked APMEX and they want 40% over spot for junk Silver bags $1000 face $19,734.

There are 715 ounces in a $1000 bag thats $27.60 per ounce versus $19.61 Silver spot. If you wanted to buy a a 20 ounce roll of US Mint Direct Gold Eagles, $38,566, they want $175 over spot, like $1,928/coin versus $1,754/oz.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.