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Investors who had never thought of buying precious metals are pouring into the metals, depleting inventories. Compounding the problem, the US Mint and the Royal Canadian Mint are closed, and they have not indicated when they will reopen.
1) Covid-19 is a severe supply side shock, but main street will bounce back once the public health separation orders are relaxed in the months ahead. The idea of a Depression is nonsense because main street capitalism does not have a death wish. Households and businesses will creatively find ways to cope, repair, replenish and
Several reasons to buy pre-1965 US 90% silver coins. Note that this blog post is dated March 10, 2020. When posted, we were selling 90% at .39 over spot. Then came the coronavirus. One, we are selling them at .39 over spot (dimes and quarters). In hot markets, such as in 2011, they can pick
