Many investors sense that the country, and the world, has drifted into uncharted territory.
The last year has been extraordinary. There have been COVID lockdowns, a disputed presidential election, and multi-trillion-dollar federal deficits and bailouts. The Federal Reserve has injected more money into markets than ever before.
This insanity showed up in the physical gold and silver markets.
Bullion dealers have spent much of the past year fighting to get inventory, because investment demand for coins, bars, and rounds has never been higher.
The frustration, for both seasoned metals investors and a whole lot of newcomers, is the demand hasn’t been fully reflected in the price. Yes, silver prices have showed strength. But silver has underperformed commodities such as lumber.