@Steve 
Yes, they are.
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I hate to sound like a dummy here, but can someone please explain these last two articles and what’s going on in layman’s terms?
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Essentially, no one really knows what’s going to happen but, there are those steering us from buying bullion, and telling us silver won’t inflate and, there are others who think very differently. If they are steering us from buying well, I would personally be buying but, that’s just me.
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I’m with you. Even though I’m reading all the comments in this thread, honestly, I don’t understand most of it. Maybe that ‘cause I never ever follow the metals market🤷♀️.
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Makes sense. No one wants to get caught holding the bag at top dollar when there is inevitably a correction (even if temporary).
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this video just dropped and most of the talking points here are explained without charts, graphs or hype.
26 minutes with nothing to see but the message gets across.
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That’s the best video explanation I’ve seen. You found a good one @Steve!
Now find one on the wholesaler/broker/mints.
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inside look at a few U.S. mint facilities
https://www.youtube.com/watch?v=ea7ZGn9STBQ
and this is a tour of a private mint facility in Nevada
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Great videos of the process. What we need now is why there is a slowdown (if there is) of purchasing by wholesalers, brokers, and private mints.
From what I see on the COMEX trading platform, gold and silver are trading. So someone is buying. Something smells.
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This is going to be tough for everyone in the industry, but paired with tariffs on foreign imports it’s going to be especially tough on the organized criminals who’ve spent decades building an entire industry counterfeiting and distributing fraudulent Native American jewelry throughout the US.
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Support your favorite artists, folks!
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Here is the latest undisclosed government item. Value Added Tax (VAT) has come to America. Americans are now being charged import duty on items you purchase privately from overseas. And the upshot is you have no idea of rates, what items it affects, or the amount you will be charged.
I ordered $200 in collectables from the EU and was charged $41.
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Sorry to hear that you guys will get VAT too. I remember when they introduced it over here. Nobody liked it or wanted it but it got pushed through regardless. I was working with second hand items from the 70s & 80s at the time. So an item would have gotten taxed at least 2 times already before receiving yet another (VAT) tax. I think it’s a dishonest practice.
Plus it is very very bad for small shops and the international community of like minded people.
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Oh my goodnes! When did this greedy madness start!?
Shanghai silver premium: +$28.32/oz That’s +25.8% vs Western spot. I still don’t understand this after watching the video. Someone explain this to me like I’m 5. These are not shops, these are countries.
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You’ll find a similar premium on milled sheet and wire at the local supply houses. This is today’s quote for 7/16” x 6” of 12 gauge sheet, and I get the pro discount.
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time to roll yer own
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