Same here. I use it as a gauge. "Actual purchase price" is spot+premium for "shiny" (as you know) which is nowhere near $44/oz right now, especially for silver eagles. I'm surprised, honestly, that physical inventory still exists at any premium.
I bought a lot of 2021 silver krugerands. I see they are listed at 55 dollars each on JM bullion. Maybe I can do a little better than spot when I sell i don't know. People get more than spot for eagles.
This is "Continuous Contract" screenshot shown: https://www.marketwatch.com/investing/future/si00
Yes,but i don't own contracts I own shiny.
Not a big deal,they are fairly close.
Same here. I use it as a gauge. "Actual purchase price" is spot+premium for "shiny" (as you know) which is nowhere near $44/oz right now, especially for silver eagles. I'm surprised, honestly, that physical inventory still exists at any premium.
Right?
43.94 spot.
I am in at $17 an ounce for mine. Never selling. My kids probably will though once they find the lake I lost it in.
I bought a lot of 2021 silver krugerands. I see they are listed at 55 dollars each on JM bullion. Maybe I can do a little better than spot when I sell i don't know. People get more than spot for eagles.
They must not have made that many during covid.