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Silver Bullion

Silver Bullion Continues Leaving London

Win 500 Silver Eagle Coins, enter here: Get our FREE SD Bullion Guide: SUBSCRIBE to Our Channel: Citizens of the United Kingdom, those in once colonies of the former British empire, and people around the world this week are morning the loss of Queen Elizabeth the 2nd. Passing away at age 96 yesterday, her reign of 70 years and 214 days was the longest of any British monarch and the second-longest recorded ruling of any monarch of a sovereign country in world history. It was common to see Queen Elizabeth’s resemblance to many popular modern bullion golds, silver, and precious metals coins struck by the Royal Mint, Australia’s Perth Mint, the Royal Canadian Mint, and others. The former British empire’s dominant reserve currency status gave way to the current US dollar following World War 1 and especially after World War 2, respectively, as Queen Elizabeth II began her reign in 1952. Back when the United States benefited from having been a massive net surplus trader building much of the then western world war two machine, importing huge swaths of gold bullion holding over 20,000 metric tonnes of gold bullion at the time, And also having our nation’s infrastructure left nearly completely unscathed, unlike the major damage and devastation inflicted on various European and Asian national infrastructures, populations psyches, and their respective overspent balance sheets. This week began with a dystopic clip going viral on Twitter, apparently from a British morning television where they are now giving prizes to win four months of free energy bills as we turn towards winter and rapidly escalating heating bill cost projections of 3,582 and 4,266 fiat pounds per household annually. In the comment section below, let me know if this clip gives you “Black Mirror” willies as it did for me. The gold and silver spot prices rebounded slightly in trading this shortened week. The silver spot price climbed with ask prices nearing $19 oz. The gold spot price looks to close around $1720 oz. The gold-silver ratio closes at 91, which is still historically high, favoring silver bullion as the better long-term bullion buy. That is all for this week’s SD Bullion Market Update. As always, to you out there, take great care of yourselves and those you love. Royalty-Free Music provided by: &

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