Used to be that you went to U.S. industrial giants Dow or Dupont for these bulk chemicals or a German giant like BASF, but over the years they became uncompetitive with Chinese sources. It is cheaper to refine metals in China and you get a better price for the refined metal at the Shanghai Exchange. That means that in the short term to medium term metals will flow to China and not come back unless someone here is willing to pay the carry over the price traded in China, if the CCP even allows it under the licensing regime.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website:https://fairfaxcoins.com
How do you bring production back of anything (not just precious metals) with the labor and other cost so much higher then where is has been coming from for 30 to 40 years. The price has to go up. Silver and Gold are just the beginning. Industries and factories have been packed up and shipped elsewhere starting at around the 1970s or even earlier. The rabbit hole goes deep.
Labor costs in Switzerland are high as well. But they have found few things where they are really good at and sell those. It seems they are doing very well for themselves.
Over 20% discounts on junk seem normal. You can also buy it below spot at 49x face.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website:https://fairfaxcoins.com
There's several Youtube videos of people attending the 2026 FUN coin show in Orlando. People were lined up to get in, lots of buying/selling. Here's one video of a guy checking 90% prices at the show.
Apparently that video that happened the latter part of last week - it's Monday now - is hopelessly out of date as silver prices ripped since that guy was there.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website:https://fairfaxcoins.com
Spot prices a few days old, one day old or even several hours old might be "hopelessly" out of date. I still enjoyed watching the video, the below/above spot buy/sell ranges and thought others might too.
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Contact Us | Advertise Here | Privacy Policy / Terms of Use
First Page
Previous Page
Posted 01/02/2026 1:10 pm
