ASE prices can still be bought for under $20 at around $19.72 which shows a compressing premium. I would have thought it would be around $21. It was over $20 with prices in the upper $16s last week. 1oz Random are at $19.72 and a tube of 20 of 2017 is at $399.60 at a smidge under $20 each.
Premiums and spot do not go hand in hand, the dealer still needs to make his profit regardless of spot price !
They should change the name of every thread in the bullion room to: Have you hugged your FAANGs today?
let's just keep it in perspective . silver spot is really not that high yet I think if it goes over 18 and encroaches 20 then we're on to something if only for a short time.
I won't get too excited unless it gets above $22. Then I think we would have something to get excited about.
Kinda leveling off right now I think. I thought at first it was because of the oil refineries shut down, Now I see shorty is at it again!
I disagree. It is a good time to buy when the price is rising. Just don't wait until it is at the top.
Really Sak... when prices are going up is the time to buy.....who knows where the top is that particular run....... I wouldn't know...... but I guess u have made it work...
Can you give me the heads up on when that will be...LOL, i buy all the time So it really doesnt matter, just trying to build that stack ! Buy low sell high the 101 of investing
Sounds like a PM Rally ... When I say "SELL", you say "BUY" SELL .. BUY .. SELL .. BUY !! rah-rah-rah !!