Hurricane Ian Threatens Major Florida Mints; Retail Silver Demand Skyrockets

8:29 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/09/29/hurricane-ian-threatens-major-florida-mints-retail-silver-demand-skyrockets-002602

Stock market and currency turmoil have set off a massive precious metals buying spree in the past three weeks. The yen crashed last week, and the British pound crashed this week. Even as the Federal Reserve Note declines in purchasing power against real goods, recent rate hikes have sent the greenback higher against other fiat currencies, creating big dislocations across the world.

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