WC Varones

Don't lend your hand to raise no flag atop no ship of fools

No silver for you!

Remember the physical gold shortage of 2008? Spot prices were down, driven by leveraged futures traders, but people trying to get their hands on physical at anywhere near spot prices were out of luck.

Well, the same thing is happening in silver today. The spot price got crushed alongside gold in April from $28 to about $22, now just below $24. But try to get some silver at that price.

Take Liberty Coin and Precious Metal, a shop that has always had very consistent supply. I've never walked in there and not been able to get as much gold or silver as I wanted.  Until today:

Delivery delays of weeks, and stunning premiums of $4 - $5 over spot!


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