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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: 4624970, member: 20082"]It's the reference point that is used, but it's usually spot + premium. Supply and demand usually determine the premium amount. Right now the premium is very high. As I recall, a year ago you could buy maples and phils at +$1.49 to 1.99 if you shopped around online, maybe even less. ASEs usually in the +$1.99 to $2.99 at that time. At this time that's the range of premium for generics. How long that lasts is anybody's guess. </p><p><br /></p><p>I'm not a buyer at these premiums. Whether that is wise or not is to be determined, but I just can't see paying that.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 4624970, member: 20082"]It's the reference point that is used, but it's usually spot + premium. Supply and demand usually determine the premium amount. Right now the premium is very high. As I recall, a year ago you could buy maples and phils at +$1.49 to 1.99 if you shopped around online, maybe even less. ASEs usually in the +$1.99 to $2.99 at that time. At this time that's the range of premium for generics. How long that lasts is anybody's guess. I'm not a buyer at these premiums. Whether that is wise or not is to be determined, but I just can't see paying that.[/QUOTE]
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