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Silver update Friday 7-12, a good week, maybe more…

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Nice week for the metals, I must say, maybe even a confirmation of the bottom in place and a slow turnaround even in a slow season in general for PM’s. After 4 days straight positive it was normal for the metals to show a mild profit taking today at the end of the week, very moderate however so far, just 5 $ gold and maybe 25 cents silver.

Numismatic $20 Gold since yesterday are showing some positive come back together with gold market: $20 Saints in MS65 up 40$! Saints and Liberties in MS 63-64 up 30 dollars across the board. On the $10 Indians and liberties + 15$, $ % indians plus 10$… Top of the list $3 gold in MS63 up 50$ (very expensive coin anyway at about 4400-4500$).

Premiums stable, inventories of 90% at the lowest , the rest pretty much close to normal levels pre-April 2013 correction. More updates later after trading hours, stay tuned, ciao!


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