In March/April/Beginning of May, silver traded at very low levels and shortages resulted in massive premiums and high order minimums from major online bullion dealers. It hit its low of $11.64 during this time. Silver is now back to trading at its preCovid levels. The question is: how long until the premiums return to normal levels of a few percent over spot? Looking at the JMBullion homepage I see 2020 Britannias are $4.19 over spot (that's a disgusting 23% premium). A random year American Silver Ealge is $26.81 (spot is $17.61). That's more than 33% over spot. My head is going to explode. It looks like the big dealers still think you're a bunch of idiots.