A Premium Episode SchiffGold Friday Gold Wrap 06 02 23

If you buy gold or silver, you're going to pay a premium. So, what exactly is a premium and how is it determined? In this episode of the Friday Gold Wrap, host Mike Maharrey answers common questions about premiums. He also discusses the debt ceiling deal and where Americans rank gold as a long-term investment. You can visit the show notes page here: https://bit.ly/42fEmuF Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news. TOPICS DISCUSSED -The debt ceiling deal -When a spending increase is called a cut -Where do Americans rank gold as a long-term investment? -What is a premium? -Why have premiums been high lately? -Is a premium a sunk cost?