Melvin Capital is a $12 billion hedge fund. They lost 53% in January. Next question.....:D
Silver future margins go up: https://www.bloomberg.com/news/articles/2021-02-01/cme-raises-comex-silver-futures-margins-by-18-effective-feb-2
No, it is because the gold market is 6x bigger than the silver market.
Because the CME futures in gold trades $60 billion daily in volume. Unless all the WSB folks sell out of their GME close to $400 a share, they're...
High prices are the solution to high prices. :D It will draw in supply.
They controlled about 1/3rd of the market....silver moved from $12 to $50 in a few months. You'd need silver to move to $120 today. Today's...
Do you know WHERE that lot is located ?? :D
No, my only argument -- question, really -- is how he can charge that amount over FMV ? Because I would think if he does repeat business with the...
1879 for a Morgan Silver Dollar.
But the Red Book each year just updates prices more or less, right ? I think they may alternate sections that have commentaries on coins (I have...
The GDP was much smaller and income/wealth much lower. A millionaire back then might be someone with $25 MM equivalent today...but the millionaire...
The multiplier is about 25x for 1870 or so. It's really not comparable since the items purchased then were not those purchased in 1920 or 1950,...
The Reddit crowd is talking: Silver: "Worlds Biggest Short Sqeeze" - Reddit -- *The reason that only 8 ounces of silver are produced for every 1...
You wonder if there are still bags of Liberty's or Saints in these countries, which are so corrupt and run by either crooked pols or drug lords or...
Saw another one this past Saturday.....1908 No Motto's being sold for $3,000 in MS64 condition. WAY above FMV. The educational aspect of the...
Remember, most Liberty and Saint-Gaudens DEs did not circulate in the economy, but were used to settle trade balances. Liberty's saw a bit more...
The way to eliminate timing bias is to use ROLLING TIME PERIODS. So over the last 40 years, you compare the 30 year annual returns for stocks...
Also picked up the 2012 Duckor Heritage Auctions catalog from 2012 FUN.....definitely my best catalog pick-up, it's 100% on Saint-Gaudens whereas...
This price list is a monthly publication, apparently. Was published for decades, I believe, even after Max Mehl passed away.
How many ounces of gold ?
Separate names with a comma.
