When does the switch happen?

[highroller4321]

It seem the switch just happened where silver sell for at spot or over. Not it sells at under spot or spot. I guess $33 was the trigger point?

[barrytrot]

Assuming you meant "now it sells" -> The difference is generally in a LARGE UPSWING market it shifts to "under spot". Same with a LARGE DOWNSWING where it shifts to "well over spot".

In a week or two of steady-ish prices it will return to roughly the same premium it usually is.

[misteroman]

I just think there is alot of people selling right now

[slvrbck]

I was always under the impression that during bull markets/large run-ups it tends to sell over spot (this is very evident w/ 90% junk) as people get caught up in the hype and want want want, and that during low points it sells for under spot generally because the masses get freaked out. However, i can understand where you other guys are coming from as well at least from our educated point of view.

[barrytrot]

I was always under the impression that during bull markets/large run-ups it tends to sell over spot (this is very evident w/ 90% junk) as people get caught up in the hype and want want want, and that during low points it sells for under spot generally because the masses get freaked out. However, i can understand where you other guys are coming from as well at least from our educated point of view.

In my observations of the last few years while it spikes the premium retreats. When it levels off it returns. Which makes sense, during the spike, especially after a multi-month downturn people are just excited to be able to sell at a profit for a while.