Spot Lies ….. Especially when it comes to silver

Words
162
Reading
1 min
Listen
Play
4y

Afternoon everyone….

Well we’ve been down this round before…..

Has anyone checked on line dealer sell prices on silver???


E276118BA1514BE2B6ECE9B548AFA17B.jpeg

While I can only speak for dealers in the United States. One of my friends called me today about buying silver and gold.

He asked me what the best bang for my buck was. So I told him ten ounce bars. He went on line to place an order, saw the prices and called me back instantly.

He checked Apmex and a few others. The premiums on physical silver are back and with a vengeance.

The cheapest ten ounce bar from Apmex was $326. The silver spot price is under $26, so that’s over a six dollar per ounce premium. That’s insane… one ounce bars were $37.

If you check on hand inventory they are out of so many items. So once again folks spot price is for paper pushers, not stackers.

Glad I grabbed some ounces out in Vegas…

Spot Lies ….. Especially when it comes to silver | Ecency