/biz/ - Business & Finance

>>28812091
What are you buying? That comes out to about $32 USD if Google serves me right which is pretty on-par with what we're paying stateside.

Not a GREAT deal, but probably as good as you'd be able to get in NA. Not sure if there's a lack of supply there as bad as we have it here. If you're buying sovereigns I'd say that's very fair.

QRD is that Silver is an extremely manipulated commodity and Covid, Biden election, money printer going brrr and people fleeing volatile assets but not having enough money to buy into gold caused a run to the next best option which is silver. The idea is to decouple the manipulated paper price from the real value of Silver (8:1 or 9:1 relative to Gold gets mined each year but the GSR is over 60:1 now). If that happens the kvetching will be epic. Look at what happened to Palladium in 2018.