You have to pay a three dollar delivery charge per ounce of silver and can only purchase a maximum of 300 ounces of silver per month at one of OUR nation's most respected precious metal miners and precious metal wholesalers. They do not even want to sell it at these prices. If you call an independent dealer they are salivating on the phone if you have silver to sell at spot prices or slightly over. Do you get the picture ?!?
Apmex is drowning in silver at .54 - .59 cents over spot
956.50 oz Johnson Matthey Silver Bar (COMEX Deliverable)
Only $0.54 per oz over spot!
This JM bar is COMEX Deliverable. Ready to ship! Read More
What is your point? .50-.80 per oz. is the typical premium on 100 oz and 1 Kg format. Just checked my records and I paid .56 premium on the last dip below 19 and my orders in 2008-2009 timeframe were actually considerably lower than today's premiums and in the neighborhood of .26 to .38 per oz. PS: there are much better metrics than premiums to determine the health of the supply chain; plus you have to look at global premiums, particularly in the middle/far east. Much more of the global supply today is going east versus west. So the Western ditributors are not your best indicator. GLTU!