A2A with The Doc of SilverDoctors

112

It was great fun to visit with my pal, The Doc, today. It was also highly informative as we discussed the dynamics of being a bullion dealer and how this impacts physical supply and demand of gold and silver coins.

Among the topics discussed in this 53-minute call:

  • How does "coin allocation" from the US Mint work
  • What does it mean to be an Authorized Participant at the wholesale level
  • How do large dealers manage risk and inventory
  • What types of coins are the biggest sellers and why
  • The advantages of 90% silver and why people own it
  • Current demand and supply trends within the industry

And much, much more. This was an extremely informative discussion, the likes of which you're simply not going to find anywhere else. Please carve out some time to give it a thorough listen. And, of course, you can always find excellent deals at www.sdbullion.com.

TF

  112 Comments

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Dirt_Reynolds
Aug 12, 2016 - 12:56am

Re: Back to the Metals

Silver currently in existence 777,725 / all the gold mined 166,500 = ~4.6683183183183183183183183183183/1

I can see why silver may go to parity with gold if it over corrects.

Dr. P. Metals
Aug 11, 2016 - 10:38pm

A2A was very good

Good info. Thx

Brett828
Aug 11, 2016 - 10:26pm

Matt

Sorry, my mistake. I just knew the 3rd part candidates were polling votes from Clnton, tightening the race. I didn't pay attention to it, my stupidity. I just was looking at the difference between Trump/Clinyon polling, and polling with additional candidates. Regardless, my point is that, Clinton suffers when there are more candidates. I also think that Gary Johnson could get a closer look if he comes off well in the debates. You have to admit, a lot of people aren't exactly excited about the Democratic and Republican choices.

ancientone
Aug 11, 2016 - 10:03pm

Back to the Metals

I don't know how better to get us away from the political chaos than to have a few visual items to ponder..

Left Cube-Silver Currently in Existence Right Cube-Silver Lost throughout History

777,275 Tonnes 634,199 Tonnes
This is Silver in all existing forms,
not just accessible/purchasable Silver Reserves. Gold Cube-All the Gold every Mined in History

166,500 Tonnes

matt_
Aug 11, 2016 - 10:01pm

You know Bill Weld is the VP pick, right?

Bill Weld isn't running for president, Gary Johnson is.

Brett828
Aug 11, 2016 - 9:35pm

The call for Libertarians!

Some of the latest polling numbers are showing a much closer race when the polling considers all the candidates, not just Trump and Clinton. If you are pulling for Trump, that consideration provides a measure of hope. Clearly candidates like Bill Weld are taking votes away from Clinton. While Trump is more of a Libertarian, the polling doesn't suggest that he's splitting Libertarian votes with other candidates. For those of us out there that are considering other choices besides Trump and Clinton, maybe this is the year that someone other than a Republican or Democrat makes a race of this. I'm hoping that when debates begin, other candidates besides Trump and Clinton will be heard. If ever there was a time when America was begging for another choice, this is it!

BillD
Aug 11, 2016 - 9:26pm

One last Trump comment from me

Why doesn't the Trump campaign state that Bill Weld, the libertarian nominee, could have a seat at the table (cabinet position) ... if the Libertarian voters would vote Trump. Sorta like a coalition .. having their position voiced "at the table" ... Many of the Trump positions are favorited by Libertarians... like over-regulation .. defense of the constitution, etc.

Weld has 11% of the vote in the polls ... that would put Trump over the top.... Has anyone ever thought about this out loud? Pass the word ... lol

(apology to Turd... no more from me on this)

Brett828
Aug 11, 2016 - 9:19pm

Just before the BLSBS....

I posted the one obscure online article out there that talked about how we might be expecting lousy job numbers. I don't want to say I was naive, but there was likely most of Turdville laughing hysterically at me for thinking a government report would paint a grim picture of the economy! Maybe now I've at least become a little more of a realist! I would post an article about the expectation of lousy retail numbers tomorrow, but I don't think one exists. So, to state the obvious, "Tomorrow will be a great buying opportunity"! My eyes are finally open! All economic reports before November are probably filtering through the Clinton campaign first. I think I can finally sleep well, knowing there are no mysteries left in government economic reports!

CC Horses
Aug 11, 2016 - 9:12pm

Marc Faber

Worldwide Debt Bubble & Currency Collapse | Marc Faber

20 minutes

Safety Dan
Aug 11, 2016 - 9:06pm

AG First Majestic

AG textbook rising wedge with negative divergence

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