I went to look at silver prices over at Apemx just now and noticed a little note from the CEO. According to Ken Lewis the CEO of Apmex they need to raise their minimum order qty. I have been shopping here for a few years and this is the first time I have seen this done.
Ken's full letter can be found below or at the following link
Silver is up over 18% this month. Today's action was agin wild with silver shooting straight up, as we continue to see a lot of money flow into the precious metals in a bid to protect wealth. The US dollar is getting eviscerated which always helps.
The $26 level has been major resistance previously, and breaking above and holding would set a good run. However, we have gotten to this place quickly and the RSIs are running a bit hot.
I'm not a huge fan of the new minimum order qtys. I miss the days of free shipping over $100 as I liked to keep my buys smaller and more frequency to dollar cost average. I guess I'll have to wait and see how much longer they keep the new order qtys.
