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<p>[QUOTE="1970 Silver Art, post: 936448, member: 18828"]If silver dropped back to $10 (or less) again, the question will be this......Will premiums also drop? Somehow I doubt it but I could very well be wrong on this. </p><p> </p><p>If silver dropped to $10 (or less) and did not stay there for a very long, then premiums will probably not go down and it would be hard to take advantage of $10 silver if there is none available or if there is a big premium such as $5 over spot premium. </p><p> </p><p>If silver dropped to $10 (or less) and silver stayed in that level for a long time, then the premiums will at some point eventually fall. </p><p> </p><p>It all depends on how long spot silver stays at $10 (or less) when it comes to what premiums will do. </p><p> </p><p>I remember that in 2008 when silver fell to $9, I was buying a few silver art bars during that time but the lowest price that I paid was $5 over spot during that time at my local dealer and at coin shows.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 936448, member: 18828"]If silver dropped back to $10 (or less) again, the question will be this......Will premiums also drop? Somehow I doubt it but I could very well be wrong on this. If silver dropped to $10 (or less) and did not stay there for a very long, then premiums will probably not go down and it would be hard to take advantage of $10 silver if there is none available or if there is a big premium such as $5 over spot premium. If silver dropped to $10 (or less) and silver stayed in that level for a long time, then the premiums will at some point eventually fall. It all depends on how long spot silver stays at $10 (or less) when it comes to what premiums will do. I remember that in 2008 when silver fell to $9, I was buying a few silver art bars during that time but the lowest price that I paid was $5 over spot during that time at my local dealer and at coin shows.[/QUOTE]
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