This week on our SD Metals & Markets Podcast, we speak with Roy Friedman, a multi-decade bullion market maker.
We discuss current wholesale bullion market supply demand dynamics as well as larger picture topics in the financial system.
Roy describes what occured with bullion product trading dynamics not only during the recent drop in precious metal spot prices, but also during the fall of 2008 as well in the 1980 bull market.
Roy is President of Manfra, Tordella & Brookes (MTB ). Which is part of the MKS PAMP GROUP, an industrial and trading services group that specializes in all aspects of precious metals.
This family business was established in Switzerland in 1979 and now serves producers, users and precious metal traders worldwide.
The MKS PAMP GROUP is comprised of 4 brands, with 14 offices across 12 countries. The portfolio consists of an industrial arm with 2 refineries (PAMP & MMTC-PAMP), a trading arm (MKS (Switzerland) SA) and a commercial bullion distributor (MTB).
Some of the bullion product price premium charts we injected into this video can be found below for your inspection.
American Gold Eagle Coin Premiums over USD Gold Spot Price from late 2008 to 2018: Bouncing off Lows
Ebay Silver Eagle Coin Premiums over US dollar Silver Spot Prices from late 2008 to 2018
American Silver Eagle Coin price premiums over US dollar Silver Spot Price late 2015 - 2018
A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.
Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.