my local coin dealer just increased cheapest bullion silver price by 10eur/oz, premiums are now 20eur/oz. Is this happening anywhere else?
>>61039387>what is happening?retail nigger cattle both fomoing and panicking at the same time, emptying available stocks and merchants naturally profit off this by putting high premium that some of the nigger cattle will be dumb enough to pay for
>>61039405Even during the so called short squeeze in 2020 or 2021 can't remember, they never increased price like this, they were out of stock, but premium were stable 3-5eur per oz, what is happening here is ridiculous, couple days ago same coins were going for 48-49
>>61039415gotta squeeze the juice as much as they can. why sell it cheaper if its one of your only remaining items in stock.Do stack fags realize there is like an infinity of silver waiting to be mined in the ground on this planet
>>61039438looks like they are unable to mine fast enough if price goes up like this
>>61039449in any case, this is a good time to NOT buy pms and actually sell some
>>61039387You can get Silver at $1 over spot online still, here in the States. SDBullion for example.Everyone here seems to be selling, nobody is buying.
>>61039706yeah, i checked us dealers, looks fine for now, but even other eu dealers seems like having some problems
>>61039387where do you live? It sounds like a VAT issue you got, premiums are more around 3-4€/oz here in France.
Buy junk silver on ebay retard
>>61039405that's like not true at all, at retail level we currently see a 80% sellers 20% buyers market. It's inverted FOMO, boomers are unloading so hard most refiners are backlogged for +1mo because they can't melt it down fast enough.
Is this bullish for GDXU? Why are there no letfs that specifically track junior silver minors?
>>61039743i don't think its about vat, im not buying now, but i started tracking price because dealer was offering above spot for buybacks and this is very unusual, maybe its nothing and only my dealer is running out of silver
>>61039405bingo, i was one of these cattle in 2019 however its important to note that this is not abusive behavior the premium acts as a deterrant to decrease demand because the dealers know their inventory and don't want to run out. so they charge more. these premiums are a good thing, especially when silver will be $100 eoy >>610394152020 was way worse than this. i remember eagles going for $45 when spot was $33 i was a first time buyer / victim then. since then i built most of my stack around $22 silver around spot of US junk and miscellaneous meme coins
>>61039715> look at how much cheaper vaulted silver is goy > we will hold your silvers for you goy just trust us seriously look at the difference in premiums its insane.
>>61039415>>61039449Responding to IQDALIT should be a bannable offense
In USA the generic 1 oz rounds are going for $50 or $2 premium
>>61040440yeah, i checked, even in eu only some dealers have problems with high premiums
Inside Tavex Denmark it is is due to stocks of most silver products being sold out about 3 weeks ago. Came into empty shelves that are normally stacked. Sense of bull run and normies getting in, female buyers are indicators.
>>61040509its weird, because mainstream buying was going down since 2022
>>61039387At least they haven't run out
I bought my gold online and it got sent to my house.
>>61039387>over £59 for one silver mapleI just paid $52 each for two of those.What the fuck?
>>61039387Multiple months have all run out at the same time and lbma is low. Squeeze is starting. This is the beginning of the noticing. /pmg/ is the comfiest thread on this yak shearing forum. As long as you can exchange Fiat for silver, silver is cheap.
>>61039475You are retarded.PicrelIf you don't know, jewgle "cup and handle chart analysis)
same thing happened in 2021, the premiums were retarded because fomoing retards pay for it.
>>61041148if you don't believe me btw:https://warosu.org/biz/?task=search2&ghost=false&search_text=silver+premiums&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=2021-01-01&search_dateto=2022-01-01&search_media_hash=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post
>>61039415>during the so called short squeeze in 2020 or 2021That was an online thing, normies didn't even know about it.
>>61040761sir, this thread is about silber