Gold and silver have seen some pullback in spot pricing as the Fed has indicated rates may increase more than expected.
With gold sales at all times highs to central Banks its hard to find a “good deal” anywhere. Many countries are DE-dollaring. That is, they are selling dollars to buy gold.
We all heard about China and Russia buying huge amounts of gold. But now Turkey has set a new record for buying gold in January. Turkey bought a record 58.3 tonnes. Records indicate that Turkeys imports were never higher than 34 tonnes.
This seems to be a growing trend. What do Central Banks know that we don’t?
That said I do have a few items with special pricing today.
GREAT CHANCE TO BUY FRACTIONAL GOLD COINS FOR LOWER PREMIUMS.