Over the past month we’ve written about how there’s been stress in the gold and silver markets ahead of Trump implementing tariffs, evidenced by two surges in the spread between the spot market in London and the futures market in New York.
I’ve referenced several of Bob Coleman’s comments about the situation (Bob is a bullion dealer and fund manager), and today I was able to catch up with him and interview him about what’s going on.
So if you’d like to understand what’s going on, plus what could potentially happen, I think you’ll enjoy this one.
Bob gave a great overview of what’s going on, and also went into the relevant details. He also commented on the silver selling we’ve seen over the past year, and whether the deficit could actually lead to a shortage.
So hopefully this helps put the situation into perspective, especially ahead of Trump’s inauguration next week.
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