As you know, I've been a supporter of APMEX and OneGold for years and, fortunately for us, they've been supporters of this site for years, too. One benefit of all this is the podcast that I have for your holiday, with Levi Gunter of APMEX bringing us details on the current status of the retail physical market in the U.S.
I'm confident that you're going to enjoy this podcast. Levi is quite literally "boots on the ground" at APMEX's headquarters in Oklahoma City so he has the numbers and the data on current retail demand, as well as buybacks. And those buybacks are an interesting part of the discussion. Who are these people that are selling metal back to APMEX? Are they disgruntled investors who are just happy to break even in silver after all these years or could they just be categorized as folks who need the cash in tough economic times? Levi has some thoughts on the matter.
We also discuss again the benefits of BullionCard from APMEX as well as the ease and liquidity in using OneGold. As you know, I've been a big proponent of OneGold since its inception and I hold quite a bit of gold and silver on the platform. If you're unfamiliar with OneGold, you should be sure to listen closely as Levi and I discuss the features and benefits.
Many thanks to Levi for his time. After the Comex-driven smash of Friday, we could all use the day off on Monday and this podcast is a good way to shift gears and get recentered.
We'll be back at it on Tuesday. See you then.
TF
