Premiums coming back down on Silver Eagles

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Premiums coming back down on Silver Eagles

Postby inflationhawk » Wed May 08, 2013 4:55 pm

Goldmart has American Silver Eagles with premiums back down to 3.99 over spot. Shipment is not immediate, but only delays are down to 1 to 2 weeks. Looks like supply is coming back after the spike in demand.

http://www.goldmart.com/bullion-1/silve ... agles.html

I've heard some people mention shipment delay/problems with Goldmart, but my experiences have been pretty good on the orders I've placed with them. There was a little longer than expected delay (days not weeks) on my last gold shipment, but the demand crunch hit all the vendors. They were apologetic and had good communication with me.
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Re: Premiums coming back down on Silver Eagles

Postby Engineer » Wed May 08, 2013 5:35 pm

I typically watch APMEX's buy prices as a leading indicator, and their buy premium on 90% has dropped from $3/oz to $1.50.
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