by Dr. Jeffrey Lewis, Silver-coin-investor:
Despite the continued technical, paper induced bias to the downside, recent news that the US Mint has stopped silver eagle production is once again is being singled as the likely cause for the premium surges now being observed across all physical silver retail products.
Is this true physical demand bleeding through the paper charade?
The bullion retail trade is a thin margin business to begin with.
While difficult to verify, it is possible that some of this surge in premium is coming from dealers protecting thin margins. It would be somewhat of a natural business strategy.
Please follow SGT Report on Twitter & help share the message.