Silver Premiums Going Through The Roof

Just an update on something very interesting in the silver market. We already know the U.S. Mint is selling a lot of silver, but this is also visible in the premiums.

It occurred to me that we are seeing rising premiums again in some miners.

And we see the same thing at some bullion dealers, we are approaching new highs.

Not so much in junk silver.

But take a look at this. I first thought it was a miscalculation, but I checked it thoroughly. It was reality. In Shanghai we saw a major jump in silver premiums.

It will be interesting to see what the future will bring.