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Message:: [QUOTE="Tinpot, post: 1705270, member: 35836"]The reason the premiums are going up is the suppliers are not keeping up with demand. U.S. mint is rationing the silver eagles that is why their premium went from 2.59-2.79 for a monster box (500), up to over $6 at the peak, now its back to about $4 at the major dealers. Producers of generic also raised their prices that is why the generic prices are up, plus they are having trouble filling their orders as well. The big dealers are hedged so they aren't facing any losses due to price drops. As long as you can replace the inventory you are selling then their is no reason to not charge regular premiums, but they aren't able to replace the inventory right now. If they were selling a million ounces at $3 premium for say eagles, but now mint tells them you are only getting half their normal allotment they have to raise the premium to make the same money they were before. Their is definitely a shortage of "retail" silver, 1 oz , 5 oz , 10 oz ect pieces, whether or not their is an actual shortage of silver is hard to say.[/QUOTE]