I have always said demand in metals won’t move the price substantially until the traders figure out that we are in a shortage condition. The spot price will be the last thing to reflect a sudden increase in demand for #silver or for #gold.
Platinum demand predicted to surge this year, leaving a near 1-million-ounce deficit!
... which is a +77% upward revision compared to its WPIC's forecast in March
cnbc.com/2023/05/15/platinum…
Someone mentioned #MoonDay was a thing, so here's my contribution. The #Moon on one side & a #Rabbit on the other, I assume it's from #China, or at least commemorating the Lunar year of the Rabbit? Possibly from 2011 (or 1999) It fits #MedalMonday too!
ALT Image of the moon and stars in a triangle patterned border
ALT Image of a rabbit on a carpet (a flying carpet?) with two Chinese symbols - one the symbol for Rabbit å…”, again with a triangle patterned border
Charlotte NC produced gold for only a few years. This 1840 C $2.50 gold has a mintage of only $12,822. I always enjoy pre civil war gold #saturdaynightcoinshow. #gold#coin.