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<p>[QUOTE="SilverMike, post: 4247198, member: 78609"]I have only been accumulating silver (mostly 90% and ASEs) for the last five years, so I haven't seen a situation like the last week.</p><p>Emails I've gotten from dealers are saying that there is a (temporary?) shortage of physical silver due to a run on their inventory in the last few days.</p><p>This seems to be validated to some degree based on their pricing. Recently my go to has been SD Bullion, where I paid about $118 for a $10 FV roll of 90% yesterday.</p><p>This morning that same roll is about $134. Today spot is $14.79 and the cost of silver in that roll this morning is about $18.53, so nearly a $4 premium per ounce.</p><p><br /></p><p>So, for those who have been through some ups and downs in the silver market before, does this typically even out? In other words, if we wait a while will premiums likely fall again as supply returns?</p><p><br /></p><p><br /></p><p>My gut says yes, but I know we can also learn from the past. Any thoughts?</p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="SilverMike, post: 4247198, member: 78609"]I have only been accumulating silver (mostly 90% and ASEs) for the last five years, so I haven't seen a situation like the last week. Emails I've gotten from dealers are saying that there is a (temporary?) shortage of physical silver due to a run on their inventory in the last few days. This seems to be validated to some degree based on their pricing. Recently my go to has been SD Bullion, where I paid about $118 for a $10 FV roll of 90% yesterday. This morning that same roll is about $134. Today spot is $14.79 and the cost of silver in that roll this morning is about $18.53, so nearly a $4 premium per ounce. So, for those who have been through some ups and downs in the silver market before, does this typically even out? In other words, if we wait a while will premiums likely fall again as supply returns? My gut says yes, but I know we can also learn from the past. Any thoughts? Thanks![/QUOTE]
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