Gold Smuggling & Counter Party Risk in the Bullion Market

Gold Smuggling & Counter Party Risk in the Bullion Market

With Gold & Silver Prices Pounded Relentlessly This Week Ahead of a Fed Rate Hike, Doc & Dubin Break Down the Action, Discussing:

  • Is the PAIN OVER For Gold & Silver?
  • Bullion Market Black Swan?  Bloomberg Reports FBI & DOJ Investigating One of the Largest Bullion Firms in US Over Alleged Illegal Gold Smuggling
  • Counter Party Risk: How Entire Physical Gold & Silver Market Could Be Affected

A MUST LISTEN SD Metals & Markets Begins NOW:

US Mint Coin Sales remained subdued this week at 280,000 Silver Eagles, bringing year to date Silver Eagle sales to just 6,622,500 coins 2.5 months into the year.  (In 2016 the U.S. Mint sold nearly 6 million coins in January alone). 
Premiums on 90% silver bags rose slightly the second half of the week, a positive sign that retail investment silver demand is picking up in the face of $1.50 decline in silver spot prices. 

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Photographer: Tomas Munita for Bloomberg Businessweek

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Silver Doctors

The Doc’s expertise and passion in finance, economics, and market history was developed over years of intense self-education. With his doctorate in the medical field, The Doc now seeks to help the common man restore his financial health by investing in physical gold and silver. Doc has been long gold and silver since 2001, when he entered gold at $278 and silver at $4.75. Even after seeing silver hit a 10-bagger from his initial investment in early 2011, The Doc remains a stronger silver bull than ever. He is the lead commentator on providing insight on market breaking precious metal news.