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Silver premiums easing off ?
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<p>[QUOTE="Blasty, post: 7768855, member: 38375"]I haven't seen much easing, and don't expect to as long as silver is in the mainstream. This is new territory to me (I wasn't around in 1980 so can't speak to that). I just saw another thread in here that the mainstream "news" has finally picked it up. That can't be good for premiums.</p><p><br /></p><p>I have been studying the Reddit crowd since learning of it several months ago. If nothing else, to look at the pretty pictures! These guys (and gals) for the most part have no problem paying huge premiums all day long. "buy at any price" is the mentality there. I think premiums could double and many would still be going "all in" on silver. Much of this group is comprised of people who were not aware of or interested in silver when premiums were low, so this is normal to them.</p><p><br /></p><p>I don't see premiums coming down until enough people lose interest, which (to me) doesn't seem likely in the short term as this movement continues to gain traction.</p><p><br /></p><p>Unfortunately the online dealers caught on early and ruined it for everyone. Now, to keep up inventory, the LCS has to beat the online dealers' buy prices or people wouldn't sell to them. Naturally the sell price also has to get ridiculous. Too bad, the LCS used to be the haven of sanity and good deals![/QUOTE]</p><p><br /></p>
[QUOTE="Blasty, post: 7768855, member: 38375"]I haven't seen much easing, and don't expect to as long as silver is in the mainstream. This is new territory to me (I wasn't around in 1980 so can't speak to that). I just saw another thread in here that the mainstream "news" has finally picked it up. That can't be good for premiums. I have been studying the Reddit crowd since learning of it several months ago. If nothing else, to look at the pretty pictures! These guys (and gals) for the most part have no problem paying huge premiums all day long. "buy at any price" is the mentality there. I think premiums could double and many would still be going "all in" on silver. Much of this group is comprised of people who were not aware of or interested in silver when premiums were low, so this is normal to them. I don't see premiums coming down until enough people lose interest, which (to me) doesn't seem likely in the short term as this movement continues to gain traction. Unfortunately the online dealers caught on early and ruined it for everyone. Now, to keep up inventory, the LCS has to beat the online dealers' buy prices or people wouldn't sell to them. Naturally the sell price also has to get ridiculous. Too bad, the LCS used to be the haven of sanity and good deals![/QUOTE]
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Silver premiums easing off ?
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