Relationship Between Premium And Spot Price

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Author	Replies: 3 / Views: 1,211
leon1998 Pillar of the Community United States 586 Posts	Posted 08/02/2015 3:23 pm Following chart showed the ASE premium over spot since 2013: When premium peaks, usually silver spot price is at a local bottom; and vice versa. It seems that the best time to buy, is when premium already passed its peak and dropped; before spot price jumped. Report this Post to the Staff

rahtbarg Valued Member United States 258 Posts	Posted 08/02/2015 6:04 pm Interesting chart, leon. I have been buying silver over the past week, so we'll see what happens! Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 08/02/2015 6:26 pm Supposedly, from what I read on this forum, there is a glut of silver. So, why the high premiums if Ag is so readily available? When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
BuckeyeCoinGuy Pillar of the Community United States 711 Posts	Posted 08/02/2015 6:30 pm The main reason the premium percentage is up when the price goes down is math. Most dealers I know charge spot plus a fixed amount, whether it be $0.99 over spot or $4.50 over spot. They don't change their premium when spot changes, so as a percentage premium it does change. I'd rather see the data as what the premium is in $/ounce rather than percentage of spot. Report this Post to the Staff
	Replies: 3 / Views: 1,211

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