I sat down with Chris Marcus, Arcadia Economics and Miles Franklin, to catch up on the state of the physical gold and, primarily, the physical silver market. As a representative of Miles Franklin Chris delivers insight as to the movement of certain silver and gold products, what’s happening with premiums, how the numismatics are performing and what to expect in the short term with all the above. For me, and I believe for any stacker, it’s always a good idea to find out what’s happening within the physical market as this has a direct effect on our ability to make adjustments to what we are doing.
With the full blown trade war going on between the U.S. and China we also take a look at what’s happening with the national banks around the world and the fact there are a number of institutions stacking vast amounts of physical gold. What has my attention are the countries that have not been in the gold market for years and a couple that haven’t picked up an ounce of gold in multiple decades.
Miles Franklin is now sponsoring The Daily Coin and we are certainly grateful to be partnered with a company that has been around the block as long as Miles Franklin has been and has served our community at the highest level possible. I made my first substantial acquisition of silver through Miles Franklin in 2010 and Andy Schectman was the person that helped me through the entire process.
Chris and I will be delivering this type of show on a regular basis and keep you up-to-date with the happenings in the physical market. Be sure to contact Chris Marcus and let him know how much you appreciate their sponsorship of The Daily Coin.
