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Message:: [QUOTE="harrync, post: 2836351, member: 58588"]First, let me say I really appreciate the effort E. P. Unum put into making those charts; great work. Now my comment on why the buy/sell premium on silver is higher than on gold. Why would the market support this? It could just be irrationality in the market - not an unknown phenomenon. But I can see two rational [well, at least semi-rational] reasons. One is that you expect silver to out-perform gold in the future. Historically, the ratio has been averaging around 60/1; now it is about 75/1. If the ratio went back to it's historical norm, silver would out-perform gold by about 25%, more than making up for the couple percent higher buy premium. [Note: I am NOT predicting this will happen; just saying it is not irrational to think it might.] The second is that if you are preparing for the financial apocalypse  [credit card machines stop working, paper money is shunned, etc.], 75 ASE's will probably be much more useful than one AGE or even 10 1/10th oz AGE's. [Again, I do not think the apocalypse is on the way, but I have raised my assessment from "virtually impossible" to "highly unlikely".][/QUOTE]