Some of the junk silver bags are even sold out on APMEX.
EDIT: now the bags are all sold out.
EDIT 2: now all 90% junk silver bags on APMEX are out of stock.
EDIT: now the bags are all sold out.
EDIT 2: now all 90% junk silver bags on APMEX are out of stock.
The premium on the First Majestic Silver shop on silver jumped to 25% too.
Chart 2: First Majestic Silver premium on silver |
APMEX premiums skyrocket to 20% (Chart 3).
Chart 3: APMEX Silver Premium |
Figure 1: Silver American Eagle out of stock |
Meanwhile, Shanghai silver premiums are going to a high of 5% (since I monitored it) and 1% for gold.
I don't think these premiums are sustainable at all.
I don't think these premiums are sustainable at all.
Do you have any idea who is wiling to buy at 25% premium to paper?
BeantwoordenVerwijderenI have no idea who does that, but the fact is that it's sold out.
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