Headed back north after collapsing from the ridiculous highs of autumn of '22. SD bullion paying $7.25 over today. US mint showing a paltry 900,000 produced this month in spite of high demand. One would expect at least 4 million in a normal environment.
Silver to gold ounces sold = ~54.87 : 1 ratio.
At an average (over the course of the year) GSR of say, 54, that looks to be roughly even money going into physical gold and silver from the US Mint.
They always drop like rocks when the spot price drops. My Perth and RCM Wildlife coins however don't seem to budge, and actually go up in price despite spot price movements.
I think I will stick to limited mint coins - despite the higher premiums they just seem to be the best investments. I...
Amazing. Investment demand outpaced domestic production all by itself. We must have imported a "few" tons of silver for industrial use too I guess.
US Coins offers (1) each of the following coins at spot, plus $10 shipping (no extra charge for payment by credit card):
1oz Silver Eagle:
1/10 Gold Eagle: