vrijdag 22 april 2016

After One Year: First Majestic Silver Hikes Silver Bullion Prices

It happened, after several cuts of the price of silver bullion, First Majestic Silver has increased for the first time since a year its silver bullion price from $17.5/ounce to $17.75/ounce.
This was needed as premiums were almost negative. I expect more hikes in the next months.

 

Junk silver premiums are falling.
  

Gold premiums are flat.
 

Shanghai silver premiums are lower.
 

 All in all, this action looks bearish for precious metals.

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