Just an observation about Paper vs. Physical Silver Price

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#1 Tue, Jul 19, 2011 - 4:30pm
Wizard
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Just an observation about Paper vs. Physical Silver Price

I have noticed that there has been a definite difference between the spot price quoted and

what people are paying for physical. Even when the EE hit us with a flash crash in May.

You would be hard pressed to get an ounce of Silver on Ebay for under $40.00 an ounce

and usually closer to $50.00 and $55.00 an ounce.

I know Ebay is not the be all end all. But as a good indicator of prices being paid and cash changing hands

on the ground on a fairly regular basis. it does have its place as far as what people are willing to give at any given

moment for a number of things. With that in mind I just see a widening gap between the paper and physical markets.

Any thoughts, opinions observations on the subject would be greatly appreciated.

This is my first post here, I have been reading for a while now. And thought I would join the party.

It is refreshing to see a site with intelligent back and forth discussion about a subject without it disintegrating into a

political slug fest. Everyone here knows who the Idiots are regardless of political affiliation.

Turd, THANK YOU for putting together such a GREAT site.

Edited by: Wizard on Nov 8, 2014 - 5:09am