Oil and PMs doing well today.
Now this thought really will blow our minds I think. The value of gold is priced in USD. But if the USD is no longer the worldwide reserve currency, and that switches to yuan or rubles or crypto, then what are precious metals really worth?
I think gold is solidly over $1,900 and will bounce in the $1,925-$1,985 range for a bit. I suspect silver will creep to the +/-$27.50 range. That will still be a ratio of over 70:1. I had planned to sell some bars this spring to fund some remodeling but I just can't do it with the current volatility.Aaaannnd....PMs headed back down again.
LOL! I'll sell fast if it does.Another Hunt Brothers event coming up?
What year, condition, type of buy?What is a physical silver eagle worth today if one had an opportunity to buy today? Value in physical 100oz lots?
I
how so?I have a feeling this next week is going to be interesting.
how so?
Indeed.Every dip looks like "the last good time to buy for a while"