Silver getting expensive again, watch out for the back lash..coming to a coin shop near you !

I had a long sit down with my local guy when i was there to buy some more GOLD on Saturday, GOLD buyers are still out in front of the sellers by 10-15% which is a good
formula for stable and the price adjusting up

However SILVER is a different animal, he,s personally seeing a increase in sellers versus buyers and as prices creep up the dealers and refiners start getting nervous, when that happens they stop taking in most SILVER or charge huge buy back premiums at a time when the price was over $100 the by back was minus $12.50 per OZ but look at numbers like that to return if the price goes in to tripple digits.

 

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I'm personally seeing more gold buying vs silver buying. There's a lot of uncertainty with silver lately. One day prices are almost $70 the next close to $60.