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Re: sallardyce1 post# 2482

Wednesday, 09/23/2015 10:45:21 AM

Wednesday, September 23, 2015 10:45:21 AM

Post# of 6921
WHY ARE PREMIUMS FOR PHYSICAL SILVER 25% OVER SPOT?
Posted on 23rd September 2015 by Administrator

http://www.theburningplatform.com/2015/09/23/why-are-premiums-for-physical-silver-25-over-spot/

Do you think Greenspan’s quote explains it?

“Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.”


Alan Greenspan, Testimony Before the Committee on Banking and Financial Services, U.S. House of Representatives July 24, 1998

Via Jesse
Silver Eagles are in the 25+% range, and bags of 90% silver coins are a little over 24%.

These charts are from goldchartsrus.com.