A Disconnect in Spot Precious Metals Prices and The Real World
I’m sure that most of you noticed that gold and silver took deep dips on Thursday and Friday. (Spot silver declined nearly 20%–almost $9 per ounce!) Then an odd thing happened last weekend: I attended a gun show deep in the American Redoubt. I was happy to see that there were four coin dealers that had rented tables there. I had brought some cash with me, hoping to buy some more silver. I also brought a few fractional gold coins to swap for silver, or perhaps even platinum. (Since spot platinum is presently priced below gold!) But my more realistic …