Wher-ever I check, prices are higher than you’d expect. The few German dealers who still sell kilo’s under €800 seem to be ones that might not have talked to their wholesaler for a while, as they rarely sell, or still have plenty stock.
Maple Leafs seem to still be had at typical premium, 15.0% above Netdania’s EUR spot price.
Cheapest kilo seller likely to have updated prices: €979 or 14%, but I think this will be 15% across Europe within a few days. The Germans will pick up those last cheap kilo’s soon. Few German shops offer interesting international shipping, if at all.
Wiener Philharmonikers are now the cheapest silver, per ounce, in Europe. 14.6% premium is doable.
Just weeks ago, I bought the larger Perth mint stuff at 11.2%. 10oz also under 12%.
All over Europe, I am seeing suddenly empty stock lists. Just a few odd items, often at high prices, while just a week ago I’d have considered making a day-long journey to go visit.
Am I over-reacting? I might be, as I’ve been scanning the retail market obcessively for the past few weeks, and I like to come with some news. But there you have it.
Silver, in just one week, larger Perth stuff has gotten 4.5% more expensive at my favorite retailer. He used to be the cheapest. Now, the cheapest realistic source is 3.8% more expensive.
The 1-ounce perth stuff is still normally priced it seems, but it was sortof pricey to begin with. 5oz and 1/2oz can be oddly cheap, but that looks more like an attempt to gain quick cash via special ordering to a wholesales on credit than anything else.
Smallest shops now have selected good deals. I have to suspect they just sell too little to justify continious price updates.
Either Perth has increase prices, or they’ve rationed their product. Something is happening or about to happen!
" You guys all seeing the same article and video pop up everywhere about the American photo journalist who ISIS beheaded in Iraq? Their video edits out the actual beheading, but has a personal message addressed to President Obama. Seems that even though Obama's been supporting ISIS for a couple ... "Reply To: My Internet Bookmarks Are an Echo Chamber
" @Mammoth If I only had one, and could afford it, I would hold it tightly...my guess is once all of the 1st day sales get delivered then the price will move up. Looks to me like all of the "flippers" are out in force and... "Reply To: 50th Anniversary Kennedy Gold proof
The analysis and discussion provided on SilverDoctors is for your education and entertainment only, it is not recommended for trading purposes. The Doc is not an investment adviser and information obtained here should not be taken for professional investment advice. The commentary on SilverDoctors reflects the opinions of The Doc and other contributing authors. Your own due diligence is recommended before buying or selling any investments, securities, or precious metals. We do not share in your profits, and thus will not take responsibility for your losses as well.