Savvy Trades and Investments

[Bobwins]

RE AMRK

Currently there is a big shortage of available gold, silver and platinum coins/bars. So AMRK is going to make extra ordinary profits IF they have inventory. Current premium over spot for American silver eagles is $7 to $16 versus $26 spot price. That is double,triple,quadruple the normal premium. Gold eagles premiums are more modest around 8%+. Their guidance indicates they expect continued good news.

gold and silver prices have been falling due to rising interest rates but once investors figure out that real interest rates are still negative, due to rising inflation, gold and silver will come back. AMRK's acquisition target, JM Bullion is strictly retail so their markups are probably off the charts. AMRK appears to have other services that are less tied to retail coin/bar margins.