Tom provides a Special Report on what is taking place in the precious metals market, especially in silver. Tom says this is the craziest market he has seen in 45 years since he started his precious metals business in 1976. Tom goes on to say that not only are premiums on silver bullion products rising, but it’s not creeping into gold. Gold Eagles are now selling for 7+% over spot.
Furthermore, Tom says the Royal Canadian Mint isn’t taking any more orders. With the insane 110 Moz of silver that “supposedly” went into the iShares SLV ETF inventory over the PAST 3 DAYS, something BIG is happening in the silver market. I will be proving a new video update shortly titled, BREAKING NEWS: Major Disruptions In The Silver Market for Silver & Gold Members at the SRSrocco Report.
Also, I just spoke with Dan at Cloud Hard Assets. Silver Eagle premiums increased again this morning. However, Cloud Hard Assets still has some of the LOWEST PRICES compared to competitors… CHECK FOR YOURSELF! Check to see if you can find lower Silver Eagle or Silver Maple premiums. Check premiums below Tom’s video.
Cloud Hard Assets Silver Bullion Premiums 2 pm MST Feb 3rd:
Silver Eagles = $7.50 over spot
Silver Maples = $5.40 over spot
Silver Philharmonics = $4.60 over spot
Silver Krugerrands = $4.60 over spot
Silver Kangaroos = $4.60 over spot
Silver Britannias = $4.60 over spot
Silver Rounds = $4.30 over spot
100 oz Silver Bars = $4.30 over spot
CLICK HERE: Cloud Hard Assets
DISCLAIMER: SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.
Check back for new articles and updates at the SRSrocco Report. You can also follow us on Twitter and Youtube below:
I’m thinking that so far in 2021……TPTB have been exposed so much more than I could have ever hoped. So many more people have seen the light/smelled the coffee that you can barely find an ounce of SILVER anyplace. I’m tempted to pop into one of my LCS today and just ask ’em “how much are you buying an ASE for”….just to see what spot price on the street really is…… cuz nothing is as it seems…..
My local coin dealer puts his inventory and buy prices on his website. Not his current selling price; perhaps that would require much more sophisticated software. His current inventory includes:
American Eagle (Uncirculated) – 1oz 400
American Eagle – 1 oz (Lightly handled/Near uncirculated) 420
Current buying prices are:
American Eagle (Uncirculated) – 1oz $26.83
American Eagle (Uncirculated) – 1 oz – 500 or More $27.08
American Eagle (Off-quality/Tarnished) – 1 oz $25.31
A large online dealer is paying $27.94 now for “American Eagle 1 oz Silver Coin Random Year”.
But that is to the public. If they buy from other dealers or the US Mint, I’ll bet they are paying mote than that.
DisappearingCulture,
Are you saying that your Local Dealer is selling Silver Eagles at the same price as the SPOT PRICE… LOL?
This can’t be true. No one is selling at this price. No one sells Silver Eagles at the SPOT PRICE.
steve
So,By Way Of Follow Up~~
Stopped into one of my LCS today and asked what they’d buy an American Silver Eagle for……was told they’d take all I wanted to bring in and they’d pay more if I brought in a lot……but for just one…. $29. lol