Andy Schectman: Silver Premiums Stay Low Ahead Of BTFP Expiration

January 31, 2024

With gold and silver prices trading slightly lower to start the year, the premiums on both metals continue to sink.

This is of course ahead of the scheduled expiration of the Fed' Bank Term Funding Program in March, and the interest rate cuts which are set to occur at some point this year. With the markets pricing in a 50% chance that the cuts will occur in March.

And in today's show, Andy Schectman checks in to share what he's seeing in terms of retail gold and silver order flow, as well as the latest news and developments affecting the precious metals markets.

To find out more, click to watch the video now!

Arcadia Economics

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During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

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