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The Weekly Trip To The Coin Store

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@handofzara
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Just a little more Constitutional Silver unto the stack. Again, I wish to remind you all, that the Proof Sets sold by the US Mint offer no premium when it comes time to sell your silver. I picked up four formerly Proof Roosevelt dimes today, as well as four Washington Quarters to round out one full ounce of Constitutional Silver.

I paid a premium of $5.50 over the spot price of silver for my latest addition to the stack. The generic rounds were $5.00 over spot and foreign sovereigns were $6.00 over spot.

The store was asking for $10 over spot for the American Eagles.

The supply of silver was plentiful this week.

It has been awhile since I commented on the Gold Mining shares.

Do you want to guess where the HUI is trading these day?

If you guessed around the 252.43 level (the green line on the chart) then you would be correct. The mining shares are once again dancing with this very important level, as they did in March of this year and once again for the past few months.

The miners are still oversold BUT we shall see what happens after next week's Federal Reserve meeting. My general assessment is above the 252.43 level is Bullish and below is Bearish, at least to my eyes anyway.

There is so much financial and political nonsense going on the world right now that every day shall be a new adventure in the ridiculous to the sublime.

All I can say with absolute certainty is I just added another ounce to the stack.

Peace out and Stack On!