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<p>[QUOTE="rhoggman, post: 423240, member: 13987"]I am certainly not qualified to tell you there is a silver shortage, but I think at this point it is obvious that there is a supply problem. A couple people have mentioned that PM prices in the silver market have been depressed by short selling which has caused the prices to fall beyond what is acceptable in the physical bullion market. </p><p><br /></p><p>A few short months ago Gold and Silver could be had in nearly any form close to the spot price. Now you can't really buy silver or gold close to spot price even if you deal in bullion. APMEX has admitted they are paying $3+ spot for ASEs. </p><p><br /></p><p>Look on ebay... silver and gold are actively selling well north of their respected "market" prices.</p><p><br /></p><p>Personally I have been buying silver in the form of US 90% "junk" silver coins. This is the only thing I can find anywhere near the spot price so it seems this is the best deal for my locale. On the internet however people are paying a premium even for this form of silver.</p><p><br /></p><p>Once again a supply shortage is does not exactly equate to scarcity so don't let anyone fool you into believing the world is running out of silver; however, there are major supply problems in the bullion market now. The effect can be seen in the spread between spot and what you can buy the metal for. Show me where you can buy gold and silver NOW without ridiculous premiums and I will retract my statements.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 423240, member: 13987"]I am certainly not qualified to tell you there is a silver shortage, but I think at this point it is obvious that there is a supply problem. A couple people have mentioned that PM prices in the silver market have been depressed by short selling which has caused the prices to fall beyond what is acceptable in the physical bullion market. A few short months ago Gold and Silver could be had in nearly any form close to the spot price. Now you can't really buy silver or gold close to spot price even if you deal in bullion. APMEX has admitted they are paying $3+ spot for ASEs. Look on ebay... silver and gold are actively selling well north of their respected "market" prices. Personally I have been buying silver in the form of US 90% "junk" silver coins. This is the only thing I can find anywhere near the spot price so it seems this is the best deal for my locale. On the internet however people are paying a premium even for this form of silver. Once again a supply shortage is does not exactly equate to scarcity so don't let anyone fool you into believing the world is running out of silver; however, there are major supply problems in the bullion market now. The effect can be seen in the spread between spot and what you can buy the metal for. Show me where you can buy gold and silver NOW without ridiculous premiums and I will retract my statements.[/QUOTE]
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