Yeah, the bullion market has gone crazy. We definitely have two markets.. the paper market(fake) and the physical market(real).
I was looking for some silver this morning thinking I might get a bargain with the spot price being $12/oz.... NOPE! Cheapest I could find was junk culls trading $5 over spot price! Same scenario for gold too, as you say.
I've got offers of almost $200 over spot on some of my MS62 Gold coins. I only paid $14 bucks over spot for those coins a couple years ago. I will sell/trade those for silver...if I can, and if not I can always buy some AG shares!
Now might be the perfect time for First Majestic to buy back huge amounts of their shares. Who knows where silver/gold will be priced after it resets.