That’s quite a spread between Crimex and Shanghai prices. Makes me wonder if the Chinese entering the PM markets really is a game changer after all with their own pricing. Seems NY is going to have a rough time of knocking the PM prices down if China wants em moving upwards.
Been scratching my head the past few months. After following the PM Markets for 17 years something sure feels different this time. I think the market dynamics have changed somewhat and to the Goldbugs advantage. The smash downs dont appear to be as great or as often as they used to be. Things are a’changing. Course, it could be Maya’s train pictures that are inspiring the metals ? Just glad I have a ticket for the ride.
Best to you this fine Tuesday morning. Sometime I think you should put up some of your singing for us to enjoy. Think it’s about time some of you musical types write the Goldbugs a theme song. The PM’s story has all the makings of a great country song. Romance, heart break, trains, a shot of whiskey every now and then to steady the nerves, blurry eyes from staring at the charts, a spouse lost in the shadows as we spend our days and nights glued to the computer screen. Yeah, there has to be a song in there somewhere. 🙂