*Update: APMEX has raised premiums AGAIN to $3.99 (for qty>500) for expected Oct 7th inventories
In shades of 2008…
Clearly physical demand is plummeting today, hence the 17% (30% 2-day) sell-off in silver.
And by clearly plummeting, we mean physical demand is skyrocketing.
(Just what you would expect when an asset is correcting by 30%…skyrocketing demand… right? Right??
APMEX is now SOLD OUT of 2011 Silver Eagles, and has increased premiums for their future (Oct 7th expected delivery of silver eagles)
|2011 1 oz Silver American Eagle(Oct 7th)|
|As low as $3.69 per coin over spot!
These items are on a slight delay. We expect to be able to ship these coins by October … view more
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