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Silver is Going Up in Price, Will the Premiums Start to Come Down?
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<p>[QUOTE="PeacePeople, post: 4624014, member: 20082"]One would think that at some point the premiums would come down on silver, but they haven't for a while. When spot is $18.50 and the retailers are selling ASEs for $26 you need spot to make a substantial move to recoup the premium paid. Even if the retailers are paying $3 over you still need a $5 move to break even. (I don't know too many people that like to break even). 10oz bars at $2 over is probably a better move if you can get back out at spot, but even that is a lot of premium to recoup.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 4624014, member: 20082"]One would think that at some point the premiums would come down on silver, but they haven't for a while. When spot is $18.50 and the retailers are selling ASEs for $26 you need spot to make a substantial move to recoup the premium paid. Even if the retailers are paying $3 over you still need a $5 move to break even. (I don't know too many people that like to break even). 10oz bars at $2 over is probably a better move if you can get back out at spot, but even that is a lot of premium to recoup.[/QUOTE]
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Silver is Going Up in Price, Will the Premiums Start to Come Down?
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