This may be a dumb question. What is the best site for reliably determining the spot price of silver at a given moment? I check Kitco, but don't know whether it's official or delayed, etc. Where would, say, reputable dealer check? Any tips?
Very true! Because the head of your family will have no other course of action but to stop feeding the baby, all the while continuing to buy Starbucks, gum drops, lobster and whipped cream. Republicans hate babies!
Does the balance sheet reflect SLW's contract rights to purchase silver at a fixed price in the future? (I haven't looked, but I'm guessing not.)
That's $0.49 per ounce. So, on this single transaction, they'd make almost $500 just from the mark-up. It's a volume discount. By contrast, on a 1 oz coin, they're still charging $2 or so over spot, but are only making $2 on a single transaction.
Recall on Wednesday afternoon the PMs fell. I think insiders were told that Thursday morning's job report was going to be (seasonally adjusted) rosy looking. I bet that between now and Wednesday, you will see PMs rebound. Thursday's job report will re-state yesterdays (show more initial claims) and that the new report will definitely show initial claims higher than yesterday's print. BLS is gaming the employment numbers; and insiders are using that gaming to help game the PM numbers.
Economies always thrive when the Dear Leaders gloriously crush the evil imperialists right?