from Money Metals Exchange:
TSilver bullion for retail investors is in short supply. We do our best to keep readers updated on shortages in bullion coins, rounds, and bars. The enormous surge in demand has put mints and refiners terribly behind. After two months of high retail demand, they are still unable to catch up… in fact, they’re falling even more behind. That’s why silver coin premiums rose again last week, and shipping delays lengthened.
The lack of availability in silver coins, rounds, and 5, 10 and 100-ounce bars along with higher premiums are making it more difficult for silver investors to capitalize on today’s low spot prices. Fortunately, the higher demand in gold has not yet created similar shortages. Gold buyers are able to obtain virtually all items promptly.
But with the gold/silver ratio sitting at extreme highs, currently at 77, now looks like a great time to favor silver. Unfortunately, market conditions mean it may be more difficult and expensive to do so.
Here are the best bets for bargain hunters looking to grab silver now:
British Britannias and Perth Mint Funnel Web Spiders are in stock.
For anyone looking for beautiful silver coins with low premiumus and immediate delivery, there are two very good options. Both are sovereign coins and both offer lower premiums than silver American Eagles or Maple Leafs. And no delays.
The UK’s Royal Mint recently launched sales of the British Britannia here in the U.S. The timing was excellent, as the U.S. market badly needs additional supply.
Please follow SGT Report on Twitter & help share the message.