On this week’s SD Metals & Markets podcast we welcome back returning guest Louis Cammarosano from Smaulgld.
Louis and James Anderson of SD Bullion discuss a wide range of topics including COMEX COT reports, physical gold and silver flows, Sunshine Minting Inc. private mint product sellouts, as well as platinum, palladium, copper, and even aluminum.
Today we visit with Louis Cammarosano of Smaulgld.com for his thoughts on Gold and Silver markets this summer of 2018.
Will gold and silver rise even if or when the economy is on the rise?
Yes, he says, jewelry demand could keep gold and silver demand strong. About 1/2 of physical gold demand comes from eastern gold jewelry demand (China and India the largest gold buying markets). As well, by middle 2018, India is on pace to acquire more physical silver than JP Morgan has in their COMEX silver warehouse from spring 2011 to date.