Gold and silver sales continue despite pandemic

Virus pandemic or not, business at Fargo’s MinDak Gold continues, according to owner Jack Seaman. He appeared on Saturday night’s Nightly Review show on AM 1100 The Flag.

“Business has been great,” he says.

According to Seaman, gold and silver are rising fast. In fact, he says, gold is on a seven-year high for its price, coming in at nearly $1,700 an ounce, at $1,687.

“It’s been on a tear lately,” he said. “I’m not seeing that slow down soon.

Prior to the COVID-19 pandemic, gold was at $1,550 an ounce.

Its counterpart, silver, is majorly behind the price of gold—going for $15 an ounce.

“There’s no question silver is going to take off,” Seaman said. The major factor in that happening is timing, he said.

Do most people look to make a quick buck?

“I’m not seeing a lot of people trying to play gold and silver for a short period of time and make some money,” Seaman said. “Buying gold and silver – you’re in it for a long haul.”

Because of this, he says, “if everything else goes south, you’ve got your gold and silver.”

In terms of pricing, Seaman calls platinum ‘flat’. And, he says, it has been that way for awhile.