Record Silver Demand | Opportunity to Increase Ounces Owned
Win 500 Silver Eagle Coins, enter here: https://SDBullion.com/sweepstakes Get our FREE SD Bullion Guide: https://SDBullion.com/book SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1 The LBMA, or London Bullion Market Association held its annual conference this past week in Lisbon, Portugal. Over 700 attendees were present. Many have only traded precious metals derivatives in their careers, according to the LBMA’s Ruth Crowell years back. Many have never seen or touched a large good delivery gold bar throughout their professional lives. One of this week’s LBMA conference attendees, Nicky Shiels from Pamp Suisse, took to Twitter to give insights on what she saw and heard in Lisbon. Both gold and silver fiat US dollar-denominated spot prices rose on the week’s trading. The spot silver price cleared and settled near the $19.50 oz ask. The spot gold price increased slightly to close near the $1,660 oz ask price. The gold-silver ratio tumbled from 90 to close at 85 on the week. That is all for this week, as always, to you. Take great care of yourselves and those you love. Royalty-Free Music Provided by: https://youtu.be/lVFHi-62wB8 & https://youtu.be/hVnqkOgdsg0 #SDBullion #SilverEagles #Bullion
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Nice to get rewarded for buying 1 oz American Silver Eagle Coins back when many investors could care less. Good luck out there!
Sell 1 oz ASE coins with SD Bullion: https://sdbullion.com/sell
Great job , and ACCURATE AND FACTUAL content .
Mature adults making life changing decisions ; allowing us to receive information and going forward .
Thanks for your well worded and to the point delivery , sir .
Just got my bar in the mail from SD today! thanks!
When the gold standard was formally introduced into legislation (Congress Gold Standard Act in 1834), the price of gold was fixed at $20.67 per ounce, which is the price it remained at until >>> 1933 <<< The price of gold today is determined solely by the demand for the metal but despite the fact that it is no longer operating as an international standard The hot word "demand" only means so-called precious metals price is ruled by a Mob of headless chickens.
I would love to see an in depth video about the principle you talked about last in the video. How to keep track of premiums and where and how to find arbitrage opportunities like this.
I must buy more silver!
I just got my order of 20 ounces yesterday. First time I got the SD Bullion design. Very nice!
Sounds like Ms Walton is looking for more Silver Eagles.
Iike she needs more
Awesome report, thank you sir for all your hard work and spreading the truth! I’m still stacking it’s on sale and it’s real money!
James! I follow you on Twitter! So cool and weird to attach a voice your face😂
Thanks for what you do! Love from NJ!
Just added 10 more ounces to the stack today. I’ve been averaging 60-70 ounces a month and 1/4 oz of gold. Keep stacking!
At the very start of the video, is there a mobile phone tower on top of the Jesus statue head???
No, those are red lights and likely a lightning rod. The former being so at night, they can help keep aircraft from hitting the statue.
Probably a silly question, but WHY is the derivatives market? What purpose does it serve? Is it necessary, or just a place to gamble?
It’s just a place to gamble.
Premiums are insane. Buying, but not as much as I use to. Glad I bought when I did.
Everytime I watch a video there’s a new Silver Eagle Monster Box giveaway! 😁