Silver vs Gold Bullion Bid-Ask Spreads
Was looking to purchase my first silver bar this week when I saw that the silver spread between buy & sell was ~ 20%. This represented the premium on all sovereign coins as well as the 'generic' bars vs the buy spot price. Thought this was too high to ever make a profit. Looking at gold, the spread was significantly less, so I bot < 1 oz Swiss gold bar.
So besides the impressive look & heft of the silver bars, any reason why so many folks here stack silver? Just want to make sure I'm not missing anything before I decide to buy some more.