Arcadia Economics, Released on 8/6/24

Despite this year’s rally in gold and silver, so far the western investor has mostly remained on the sideline. For most of the first half to he year there were outflows from the gold and silver ETFs. And retail details reported consistent selling, especially as the silver price crossed over $30. Yet after the Nikkei’s plunge on Monday, that also spread to the other major global stock markets, we’re finally seeing another surge in gold and silver buying so far this week. To find out more, as well as to hear the latest on premium levels, and the other gold and silver market news, click to watch this video now!

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.

  Andy Schectman, gold, investing, silver