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1000 ounce silver bars
the premiums for this product is starting to fly... i see them now for $3750 premium on something that used to be $500 premium not that long ago..
one ounce silver coin premiums are at least double the 1000 ounce bars. US Eagles are more.
the trick in moving the price of precious metals has always been to flood the market with plenty of product. this time around there is hardly any product to put your hands on so they can flood the market buy shorting gold and silver ETF's. that's a great way to do it until physical orders don't get filled. i believe we are getting very close to that. the ETF's have rules where they have to own a big percentage of physical to back their open interest. when the same shares get borrowed and re borrowed there is no way they buy physical to back the over extended paper shares that they didn't issue.
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