Metal markets heating up

Metal markets are heating up. Nickle has been making waves and silver continues the slow grind north. DXY had a melt down last week, but has made some movements back up, weak dollar means stocks go up. We saw ETFs like spy have fairly strong sell offs at the close as producer price index comes out tomorrow, along with several Federal Reserve speakers this week. It should be a fun and wild ride the next few days. Silver has been lagging behind many other commodities which many silver enthusiasts believe is going to change in the coming months. ETH and BTC are finally getting a small relief bounce, but don’t expect it to hold.

We prefer the physical metals currently as the whiplash is pretty crazy right now on stocks and the paper metal markets. Traders and swing traders need to keep their heads on a swivel. Physical metals have been maintaining their value and premiums continue to move up as markets try to stabilize. Buffalos continue to be a great value investment in silver while American Eagles continue to command the highest premiums. Stay tuned for more.

1 Oz Silver Buffalo RoundSilver American Eagle (BU)

metal markets heating up.

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