Skip to content

Silver Bullion Prices Coming In

May 22, 2011

Just doing my usual eBay & APMEX checks, and seeing that eBay is selling maples & eagles for $40-41 which is also what you can get them on APMEX for. APMEX is still holding to May 27th for the silver maples, so it appears its a bit tough getting supply there but I also note that premium is $4.89 which is coming in from a mid $5’s a few weeks ago.

All this points to demand softening a bit. Gold as we speak is 1517 after a nice run on friday, and silver 35.39. If silver can show that its based here I think we will see the physical demand and bullion premium begin to push back out. Personally I am looking towards the end of June for a fresh round or purchases because I think things are a bit unstable until QE3 is sorted out.

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: