Bullion retail market (LCS news/reports/commentary)

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$2,430 Gold Hit | $30 Silver Now in Range​

Premiered 6 hours ago

Gold’s recent price rally and leading the way for silver to follow has been remarkable in many ways. Silver made another bull move this week as well.
The spot gold price blew through $2,430 oz intraday today with a large selloff to follow cutting over $80 oz in price before the week's trading finished. The spot gold price finished higher overall on the week at $2,350 oz ask.
The spot silver price briefly threatened $30 oz today only to have a similar sell-off to finish the week slightly up near the key $28 oz price level.
The spot gold-silver ratio fell slightly to finish just below 84 on the week.
That will be all for this week's SD Bullion Market Update.
As always to you out there.
Take great care of yourselves and those you love.


21:21

Win 500 Silver Bullion Coins: https://SDBullion.com/sweepstakes

 

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At a Brooklyn Pawnshop, Customers Are Flooding In to Sell Gold

(Bloomberg) -- Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care. They just want to sell.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump...

finance.yahoo.com

 

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Silver SURGE To Near $29! It's NOT Stopping There!​

Apr 15, 2024


11:58

 

[searcher]

Bullion Dealer Exchanges Stacker’s Silver for Gold! FRONTRUNNING THE RATIO BEFORE SILVER HITS $50??​

Apr 15, 2024 #Silver #GSR #SilverToGold

In this video my bullion dealer changes a stacker's silver to gold! I'm shocked that he wants to exchange hundreds of ounces of silver for gold, and I ask him WHY! With the gold to silver ratio (GSR) hovering around 83, is this the right time to play the ratio and sell silver to buy gold? What does my bullion dealer Tim Marschner of the Coin and Stamp Shop think the price of silver is going to soon? And what will happen when silver hits $50 an ounce? Will gold become "unobtainium" Never before has stacking precious metals been as important to do as it is today.


11:54

 

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Gold & Silver SURGE As Israel Strikes Back!​

Apr 19, 2024

10:48

 

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Gold Price RECAP April 15-19

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data and headlines that had the most impact on gold prices and other key correlated assets—and may continue to into the future.

goldprice.org

 

[searcher]

GOLD Mystery Buyers? | Systemic Price Rigging to Go Common Knowledge​

Gold finished this week again near $2,400 oz spot.
It seems the still relatively tiny onlooking world specifically the gold commentary sphere is collectively scratching its heads trying to better understand the bully longs in the gold market, and why their bids on gold have been so consistent to the upside for the last few months.
Meanwhile, even former alleged precious metal price rigging commercial bank desks must update their gold price forecasts higher for longer.
Let's hear from one of them this week with commentary on $3,000 oz gold with a one-year timeframe.
Get it cheap while you can.


21:55

That will be all for this week's SD Bullion Market Update. As always to you out there. Take great care of yourselves and those you love.

- Gold could hit $3,000, Citi analyst says: • Gold could hit $3,000, Citi analyst says

Ross Norman's 3 Gold Commentaries:
- https://www.metalsdaily.com/archive/r...
- https://www.metalsdaily.com/archive/r...
- https://www.metalsdaily.com/archive/g...

- Silver is the new gold, but for the poor, expert says: https://kuwaittimes.com/article/13211...

- Win 500 Silver Bullion Coins: https://SDBullion.com/sweepstakes

 

[nickndfl]

Gold will be $3000 take it to the bank. We just don't know when?

 

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DEALER WARNING ON TRAVELING WITH SILVER AND GOLD! Is THIS the Right Silver to Avoid Confiscation??​

Apr 22, 2024

In this video my bullion dealer discusses what could happen to your silver or gold if you try to travel with your precious metals. Tim Marschner of The Coin and Stamp Shop talks with a woman who is converting her silver bars--including an Engelhard silver bar and two Johnson Matthey bars--into constitutional silver (90% silver coins). She is preparing for a trip and wants the silver least likely to be confiscated. What would Tim do with his silver or gold if he traveled abroad? Is junk silver the best silver to have in your luggage when dealing with customs or airport security? The answers may surprise you!


12:24

 

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Gold Price RECAP: April 22-26

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data and headlines that had the most impact on gold prices and other key correlated assets—and may continue to into the future.

goldprice.org

 

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SILVER is an Eastern Bought Powder Keg Readying to Blow​

Premiered 10 hours ago

There is no first quarter on record with this size of Indian silver import throughput, following the nation's record-breaking over 76 million oz silver bullion import month of February 2024.
India continued pulling silver bullion float off the world market to the tune of nearly 28 million ounces last month, March 2024.
About half of the Indian silver import demand for March 2024 came through lower-duty UAE grain trade.
My assumption is all of that is heading towards new green energy initiatives in batteries and solar demand inputs, helping to subsidize the effort to build an allegedly cleaner energy grid.
So, a large portion of this record Indian silver demand is not driven by store-of-value demand but rather by an emerging industrial powerhouse ramping up its silver inventory levels while spot prices are relatively still cheap.
To put this record size near 123 million ounces, the Indian market has imported through the first quarter of 2024.
Think of it this way. India, in the first quarter of this year, 2024, has imported as much silver bullion as the US Mint struck and sold off in 1 oz American Silver Eagle bullion coins in 2019, Covid 2020, 2021, 2022, 2023, and through Q1 2024 combined.
All this we covered this week.
It is basically the underlying silver market in the East at the moment.
A systemically mispriced powder keg market is waiting to explode in higher spot prices based on uber-bullish factors building.
The silver and gold spot price markets finally had a large selloff in price this week.
The spot gold price closed this week just under $2,350 oz, while the spot silver price closed the week above $27 oz.
The spot gold-silver ratio, which we will focus on to conclude this bullion market update, finished this week at 85.Buckle in and get position-ready. When the pathetic $30 oz silver spot TAMP resistance price passes into support, the ride will still get windy and funner.
That will be all for our weekly SD Bullion Market Update. And as always to you out there, take great care of yourselves and those you love.


18:52

- Why gold weakness might be an opportunity for investors | CNBC Television (USA) • Why gold weakness might be an opportu...
- When Gold and Silver Diverge, Investors Should Take Note | Presented by CME Group • When Gold and Silver Diverge, Investo...
- CHINESE Media breaking down SILVER's current value proposition: • Prices of gold baffle Wall Street - w...

- Spot Gold Prices: https://sdbullion.com/gold-price
- Win 500 Silver Bullion Coins, enter here: https://SDBullion.com/sweepstakes

 

[searcher]

Silver Dives In Late Trading! But THIS Metal Has Unexpected Surge!​

Apr 26, 2024


11:20