With silver pushing toward $100 and gold knocking on the door of $5,000, there is a lot of excitement in the precious metals space right now.
Sometimes, this level of excitement can lead to over-exuberance and excessive hype.
In this episode of the Midweek Memo podcast, host Mike Maharrey corrects a story relating to Chinese silver exports that he initially overstated, and sets the record straight about rumors of silver shortages at the U.S. Mint. He uses these examples to urge balance and discernment when perusing and evaluating precious metals news.
Mike warns against getting caught up in hype and hyperbole. However, he says you also need to understand the magnitude of this bull market.