OKLAHOMA CITY (KFOR) – First, it was GameStop. Now, it’s silver. Users of online forums are calling on investors to purchase the precious metal to ramp up its value. The CEO of APMEX, Inc. in Oklahoma City said it’s working, as the retailer reaches record number sales.
“Well obviously, I mean, it was crazy,” said Kenneth Lewis, CEO of APMEX, Inc. “Friday, Saturday, Sunday we’d sold more ounces of silver than we sold in the whole month of December.”
Lewis said 43% of their customers are new, whereas usually they hover around 15%. This past weekend alone, APMEX, Inc. sold over 300,000 ounces of Silver Eagles.