Silver spot vs premium tracking thread

Just like clockwork, everything coming down significantly except ASEs (although they are drifting lower). Very very soon. This game is SO easy.

@bronco2078 said:

@blitzdude said:

Just like clockwork, everything coming down significantly except ASEs (although they are drifting lower). Very very soon. This game is SO easy.

were you married to silver and it ran off with another dude?

Nope, I just got smart and found gold.

@blitzdude said:

@bronco2078 said:

@blitzdude said:

Just like clockwork, everything coming down significantly except ASEs (although they are drifting lower). Very very soon. This game is SO easy.

were you married to silver and it ran off with another dude?

Nope, I just got smart and found gold.

@blitzdude said:

@derryb said:

@blitzdude said:

@bronco2078 said:

@blitzdude said:

Just like clockwork, everything coming down significantly except ASEs (although they are drifting lower). Very very soon. This game is SO easy.

were you married to silver and it ran off with another dude?

Nope, I just got smart and found gold.

LOL end the fed is that you?

I don't post on other forums; have enough trolls here to support.

@blitzdude said:

@derryb said:

@blitzdude said:

@derryb said:

@blitzdude said:

@bronco2078 said:

@blitzdude said:

Just like clockwork, everything coming down significantly except ASEs (although they are drifting lower). Very very soon. This game is SO easy.

were you married to silver and it ran off with another dude?

Nope, I just got smart and found gold.

LOL end the fed is that you?

I don't post on other forums; have enough trolls here to support.

You don't post you just spend your time reading everyone elses comments there? Got to keep the reddit kids busy buying those $36 ASEs. lol

Actually the screenshot was sent to me by a forum member here. Guess he was wondering why you call it gutter metal here yet sing a different tune on a different forum. I'm not a member of reddit nor do i read it.

Like I said, enough trolls here to support.

were you married to silver and it ran off with another dude?

lol, yep it sounds like sour grapes to me.

Nope, I just got smart and found gold.

Well, duh.

I'd rather have a round than a panda

and aren't there 2 versions of the panda? 1 toz and one 30g ?

Last week I was $10 over spot on rolls and sold out.
Edit: on silver back dated eagles

Yep the market is getting flooded with "new" silver again. Expect premiums to really start plummeting in the next month or so. For those that missed the sales boat don't worry in another decade or two there will be a new silver shortage conspiracy for you to dump your metal. Until then, stack on. lol

Those Brits at under 3 over I'd buy if I was in the purchase position. Insane on the dollars though.

@MsMorrisine said:
I wouldn’t call a high buy price as having fluff.

$6 down to $5.50 yet the sell price is the same

Thats just the 2021 type 2. All other ASEs have dropped as will the type 2s. Still severely overpriced but normal premiums are not far away.

@cohodk said:

@MsMorrisine said:
I wouldn’t call a high buy price as having fluff.

ASE were +7.25 with spot at 27.40= 34.65.

Now are +3.90 with spot at 25.20 = 29.10.

That buy side premium has dropped 46%. A lot of fluff has come out.

Buyers in May who paid +10 with spot at 27.50 would now be down 22%. Ouch.

Gotta throw the BS flag on this one. On 5/4 the OP's APMEX ASE was selling for 11.99 over spot. Today it is selling for 9.99 over spot.

If you're gonna properly track data, you have to remain consistent on your sources of input. Consistency goes a long way in establishing credible research.

You're OP on 5/4 showed an APMEX random single ASE at 38.62 with spot at $26.63 for a buyer's premium of 45%.
Todays data shows an APMEX random single ASE at 35.30 (sale item) with spot at 25.31 for a buyer's premium of 39%.

Since 5/4 spot has dropped 5% while ASE APMEX premiums have dropped 9.4%. Premiums have dropped 5.4% more than has spot price.

So, it appears that buyer premiums for silver ASEs have dropped only slightly since your study began and only in the face of a declining spot price. It remains to be seen if a rise in spot prices will result in a rise in premiums. I suspect the resulting increase in demand would spill over to premiums as it has done in the recent past.

@cohodk said:
Who said anything about 5/4? I used data posted in this thread. All calculations are correct.

You did in the first post. You provided APMEX sell data for 5/4 and I compared current APMEX sell data to it to provide the correct state of silver premiums. You can't keep jumping from sell premiums to buy premiums just to get the results you desire. It's inconsistent, but even worse it's very misleading for those you wish to take you seriously.

@blitzdude said:

@derryb said:

@cohodk said:
Who said anything about 5/4? I used data posted in this thread. All calculations are correct.

You did in the first post. You provided APMEX sell data for 5/4 and I compared current APMEX sell data to it to provide the correct state of silver premiums. You can't keep jumping from sell premiums to buy premiums just to get the results you desire. It's inconsistent, but even worse it's very misleading for those you wish to take you seriously.

No matter how you try to spin it the fact remains that premiums are dropping at both the retail and especially at the wholesale level just like we told you they would. Look for the trend to continue. RGDS!

It's normal for premiums to drop when spot price drops. A reduction in spot reduces demand.

As calculated above (spin? lol) ASE sell premiums have dropped only 5.4% more than has spot price. 94.6% percent of the premium drop is simply because of the drop in spot. This is a reflection of the current strength of physical silver.

Your victory lap is a bit premature, especially when spot begins its next leg up. You've also been claiming that physical silver is a gutter metal yet its premiums over spot are far greater than the other metals. Just because you lose money on silver does not mean smarter people are doing the same.

Only in your selective date ranges. Looks like the past year was another wash for the great derby and his 35% ASE premiums. Next time remember to sell. Stack on. lol

I was busy selling gutter to noobs at $38. Don't worry you may get that chance again in another decade or so. lol

if you're just realizing that the silver market is volatile, no wonder you can't pull yourself out of the gutter. Learn to let volatility work for you.

And the chart will change again tomorrow, but you know what - it's still gonna show silver outperforming gold for the past year.

@blitzdude said:

Fuzzy math. Again he always cherry picks the date to fit his agenda. Ask him about premiums. He pays 40% to earn 3% lol.

Actually I just reposted a one year performance chart that was posted by someone else earlier in another thread. Seemed to give a good picture of recent PM performance. Let me know in 20 years how your gold performed against the gutter metal.

Anyone know why the 1 ounce generic silver bars are selling at a .75 premium over the 1 ounce generic silver rounds?