Just an update on the silver premiums which are really soaring.
First off, silver miners have not been cutting prices on physical silver bars while the COMEX price of silver went down. This resulted in record high premiums above 20%.
Silver dealers still have high premiums.
Junk silver premiums are coming back on track.
Most importantly, the Shanghai price of silver is on track to hit new highs. So there is definitely a bottom in place.
First off, silver miners have not been cutting prices on physical silver bars while the COMEX price of silver went down. This resulted in record high premiums above 20%.
Silver dealers still have high premiums.
Junk silver premiums are coming back on track.
Most importantly, the Shanghai price of silver is on track to hit new highs. So there is definitely a bottom in place.
I want to encourage you to definitely continue your great writing, have a nice evening! keeping this website.
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