In the six years Mike Korstad has worked buying and selling precious metals at Minnesota Gold and Silver exchange in St. Louis Park, he says it’s never been this busy.
Some days, there are long lines of people outside the shop’s door, waiting for him to open up.
“You can see them about 9:45, they roll up into the parking lot, and they’ll sit in their cars waiting, and then boom, right at 10, it’s one after the other and some days it’s been pretty non-stop,” Korstad said.
He says that while gold dominates the news, silver is actually outperforming its precious metal counterpart, so many people are trying to cash in by selling whatever silver items they have…