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<p>[QUOTE=&quot;medoraman, post: 1780660, member: 26302&quot;]Premiums are, to be blunt, &quot;what dealers can get away with&quot;. Not against dealers at all, they will sell for whatever the market will bear, as they should.</p><p>&nbsp;</p><p>So, premiums are a function of where people believe the market is going. I was just talking Saturday with a local dealer. He says everyone is wanting to buy silver right now, since the market is going up. I shook my head, as did he, since a few weeks before I bought some junk silver off of him when prices were lower and noone wanted to buy. Human nature is just weird, prices low and no one wants it, but let the prices jump up 20% and now everyone wants to buy.</p><p>&nbsp;</p><p>I simply think people believe silver is going back up to the $30&#039;s and want to buy, so dealers can charge a little higher premium right now.</p><p>&nbsp;</p><p>It cuts both ways SCFY. In the 80&#039;s when markets were going down dealers would only offer maybe 80% of spot for junk silver, since they didn&#039;t want to take the downward risk. My question to anyone buying silver now would be &quot;where the heck were you all summer?&quot;.[/QUOTE]</p><p><br /></p>

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