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<p>[QUOTE=&quot;masterswimmer, post: 26694528, member: 102022&quot;]Breaking it down to sheer dollars and cents and supply side economics, I see it like this. </p><p><br /></p><p>With the incredibly volatile pricing for the past 3-4 months, and the short supply, APMEX and all the other majors have been paying up for whatever inventory they currently have. The past couple of weeks have shown a bit lower bottom side of the pricing range. With today&#039;s considerable drop in silver spot, if APMEX were to keep their lower premiums on the ASE&#039;s they&#039;d lose money. That can&#039;t happen. So they increase premiums to effectively guaranty they are profitable. </p><p><br /></p><p>Based on today&#039;s closing spot vs their quoted ASE price the premium is 21%.[/QUOTE]</p><p><br /></p>

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