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<p>[QUOTE=&quot;jtlee321, post: 6246087, member: 73983&quot;]Essentially it was a HUGE physical rush.&nbsp; Over this last weekend, people were ordering around 12X as much physical over the weekend from the online dealers.&nbsp; Most of the online dealers shut down their sites on Sunday morning until the opening of the Asian markets.&nbsp; There was a $2.00 spike at the opening and in fear of the prices shooting higher before they could acquire more physical, the online dealers adjusted the premiums up substantially.&nbsp; This was to slow down the online orders as well as hedge against the likely possibility (at the time) of a larger move up on the spot price.&nbsp; The online dealers were also having a lot of trouble trying to source physical from their suppliers.&nbsp; The ball rolls down hill from there.</p><p><br /></p><p>So for now, the premiums are ridiculous and people are still willing to pay it.&nbsp; Once the demand for physical decreases and wholesalers start getting silver to the dealers, the premiums will start to go down.&nbsp; Unfortunately, it&#039;s probably going to be around April, before things start to normalize, assuming nothing happens between then and now.[/QUOTE]</p><p><br /></p>

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