bob coleman

Idaho Armored Vaults stores all physical precious metals outside the financial system in insured, segregated, and armored vaults.

[bob coleman @profitsplusid]

We could be on the verge of the "mother of all short covering rallies" for #SILVER
Managed Money is now over $1 Billion net short in notional value

CAN YOU DIG IT!!!!!

[bob coleman @profitsplusid]

@CharlesRCherry Nope

[bob coleman @profitsplusid]

Silver American Eagle 1 oz Coin Alert

The US Mint sold a total of ZERO Silver American Eagle 1 oz Coins for the month of May 2026

If you are buying from a dealer and paying more than $5 an ounce over spot for a silver eagle coin, you need to shop around or change your dealer.

I have seen many big online dealers selling silver eagle coins at $7 to $15 over spot per ounce and buying back at $5 to $9 under spot per ounce. The spreads on these products are not inviting the public to want to buy or own them. The sales reported by the US Mint may be a symptom of what I have been warning about for months.

[bob coleman @profitsplusid]

the sales numbers are based on Authorized participants purchasing directly from the US Mint. I believe the AP cost of the Eagles are $3.05 over spot per ounce. These are the bullion coins sold by dealers or LCS. The $169 coins are uncirculated but not a big source of public demand.

[bob coleman @profitsplusid]

@Proverb777 We have been selling silver eagles for as low as $3.65 over spot this week.

[David Morgan @silverguru22]

Nearly all big online precious metal dealers do not pay any premium for your silver. They are not even paying Comex prices when you sell back. In fact, most are sold at enormous discounts to the Comex price when consumers want to sell. Sad- Not all dealers are this way-

[SRSrocco Report @SRSroccoReport]

@silvertrade @profitsplusid I just did an update here... and you can see back last week that Bob was right, especially for Junk Silver.

[bob coleman @profitsplusid]

@PaavelPetr18043 @silvertrade Have taken the time to build the right relationships and also treat people (vendors and customers) with the respect and care.

[bob coleman @profitsplusid]

Many dealers and promoters purposely mislead investors and their customers. They point to the $10 premium in silver at the Shanghai Gold Exchange vs the Comex pricing in New York. Saying that should be the actual price for silver.....
Then go on to charge overpriced premiums on their products.

Well here is the reality to their marketing. Nearly all big online precious metal dealers are not paying any premium for your silver. They are not even paying Comex prices when you sell back. In fact most are at enormous discounts to the Comex price when consumers want to sell back to them.

So when comparing silver to the Shanghai Gold Exchange price, many precious metals dealers are paying $20 to $30 under for customer's silver.

Is that how you treat money or just another commodity?

[bob coleman @profitsplusid]

@PaavelPetr18043 @silvertrade That is unfortunate. However, that is not the case in the USA. Good delivery bars are liquid and marketable. We take in good delivery metal from clients all the time. And they do not incur a massive discount when liquidating.

[bob coleman @profitsplusid]

@silvertrade please let us know which retailer was buying above spot for maples and other sovereign coins and when. Thanks

[bob coleman @profitsplusid]

great comments. We have to do a podcast together sometime. you are correct, not all dealers are the same. Many older dealers are getting out, and the model of "online volume dealers" has disrupted the industry's business models and spreads.

I see a growing risk to this industry on many fronts.

[bob coleman @profitsplusid]

@RawBooty2 I have seen this with Rhodium for example. many wholesalers would not buy more than 10 or 20 ozs at a time and the spread was as much as $1000.

[World Gold Council @GOLDCOUNCIL]

Central banks around the world bought 17t of gold in April. This map shows the significant buyers and sellers, but Senior Research Lead, Marissa Salim has more detail in her latest blog on Goldhub.

[bob coleman @profitsplusid]

what many fail to understand is that without the Comex or a futures market, hedging inventory and other materials would be much more expensive or spreads would be much wider. The dealers that call out the Comex probably use it directly or indirectly to hedge their physical inventory

[bob coleman @profitsplusid]

@RawBooty2 I think there was just a little collectors premium built in on that coin.

[Mike 🌵 @Mike_TH1984]

@profitsplusid When you bought my silver at $114 you paid me very close to spot price.

[bob coleman @profitsplusid]

@Mike_TH1984 I strive to offer value to customers. Appreciate your support

[bob coleman @profitsplusid]

USPS Stamp prices use to be a prominent example used by advisors to show growing inflationary costs, as well as, rising costs of living

[SRSrocco Report @SRSroccoReport]

STUNNING INCREASE IN U.S. POSTAL RATES NEXT YEAR: Interesting Postal Rate & U.S. Oil Production Chart

I believe the cost of the Postal Service is directly tied to U.S. oil production over the past 100 years

VIDEO: https://t.co/mwz8xLjurE

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Gold replaces US Treasuries as world’s top reserve asset, ECB says

Gold has overtaken US government bonds as the world’s top reserve asset following years of relentless buying by central banks and a historic rally that has seen prices nearly double over the past two years.

Bullion accounted for 27 per cent of all global central bank reserve assets at the end of 2025, up from 20 per cent a year earlier, according to a report published on Tuesday by the European Central Bank. US Treasuries fell to 22 per cent from 25 per cent over the same period.

But gold’s surge past US Treasuries — traditionally the bedrock of international dollar reserve holdings — is also the result of its spectacular price gains in recent years. The metal hit a high of more than $5,500 a troy ounce in January.

Dollar-denominated assets as a whole still make up the biggest chunk of reserves at 42 per cent, the ECB data showed. (FT)

[bob coleman @profitsplusid]

@KarelMercx @glennmariano This is incorrect. I have explained for years the disadvantages and dilution mechanism in place that makes this product inferior.

Will have to do another post. Or you can search my past posts . Have done interviews and spaces on this topic as well.