August 19, 2008
Silver Slips Below $13 Again
Continued weakening of precious metals prices has brought silver below $13 again this morning. Atr time of this posting it rests at about $12.90, with gold at about $790.
Platinum and Palladium have been hit harder over the last weeks. Palladium has reached a six year low and sits at about $276 this morning , with Platinum just shy of $1340.
For a time, the coin market will remain moderately uneffected by this current appearance of bearish trading decline. However, if it lasts through into the fall, I will be kept very busy lowering prices on modern gold coins for the new editions of the 20th and 21st Century Standard Catalog of World Coins books.
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