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<p>[QUOTE=&quot;baseball21, post: 8525112, member: 76863&quot;]A supply shortage means you can’t buy something.&nbsp; There’s been supply shortages in food, toilet paper, cleaning wipes, video game systems etc the last few years.&nbsp; There’s never been any shortage of PMs on the market and again you can buy them at any point you want on the stock market.&nbsp; </p><p><br /></p><p>The premiums like before are simply a response to irrational buying behavior which we see a lot with PM buyers.&nbsp; When the spot falls they want more to “dollar cost average” when it spikes they want more to not miss out when they should actually be selling.&nbsp; The myth that somehow it’s preserves their wealth or would be useful if the world fell apart often drives the behavior.&nbsp; </p><p><br /></p><p>Unless you’re taking about not really bullion versions of the coins the supply is more than there out in the market with 100s of millions of ASEs alone.&nbsp; The big sellers and suppliers pretty much make money whether the price is going up or down as they’ve hedged big positions.&nbsp; There’s just simply no reason to lower premiums until sales slow which they do after a while.&nbsp; </p><p><br /></p><p>You are right that it probably will take longer for the premiums to come down as the behavior of thinking silver is a savior will likely last longer, but at the end of the day the ability to buy bullion has never really been a supply issue in the modern internet age, as long as people are willing to keep buying at strong rate it won’t matter how much comes to market in terms of price.&nbsp; There’s simply no reason to lower the price for something that’s selling well[/QUOTE]</p><p><br /></p>

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